PANews reported on April 9 that Plume, the first modular blockchain platform built specifically for real-world assets (RWA), announced that it has received strategic investment from funds managed by Apollo, a leading global alternative asset management company. This round of financing will accelerate Plume's full-stack infrastructure development and further consolidate its leading position in the RWAfi field.
Plume is building an EVM-compatible blockchain environment and full-stack infrastructure, aiming to transform alternative assets such as traditional financial instruments, carbon credits, GPUs, collectibles, etc. into composable and interactive digital assets, and give them new application value in DeFi scenarios.
As RWA is gaining more and more attention in traditional finance and crypto markets, this round of financing will help Plume bring more assets to the chain efficiently and securely, providing seamless access for crypto-native users, traditional financial institutions, and asset issuers. Plume's ecosystem has achieved initial results, with its testnet attracting more than 18 million wallet addresses and more than 200 protocols connected.
Christine Moy, Head of Digital Assets and Partner at Apollo, said: “Our investment in Plume reflects Apollo’s long-term focus on digital asset infrastructure. Plume not only enables institutional-grade assets to be on-chain, but also promotes the construction of the next generation of financial systems by enhancing asset composability and user experience.”
