RWAfi New Forces: Plume Network Builds an Asset Ecosystem for Encryption Native Users

Real World Assets (RWA) are becoming a focal point in the market as an important link between traditional finance and encryption. However, the current RWA market still faces many challenges: inefficiency, high costs, and a lack of smooth connection between the traditional financial system and the on-chain ecosystem, with bottlenecks in further development urgently needing to be addressed.

To address this issue, a fully integrated and modular chain focused on RWAfi has emerged. As the first truly public chain serving encryption-native users, this project is committed to providing more efficient, transparent, and convenient solutions by redefining finance through the creation of a dynamic, liquid, and composable market for RWA, making it as versatile as native encryption assets.

Rapid development, asset scale surpasses one billion

After nearly a year of rapid development, the network has been recognized by the community, institutions, emerging banks, and encryption-native protocols (such as lending protocols, perpetual contract DEXs, AMMs, etc.) as the best solution for RWAfi. Currently, more than 180 projects have been built on the platform, with a total deployed asset exceeding $1 billion, and several hundred million assets are about to be on-chain. During the two-month testing activity, the platform also achieved significant results: the number of active wallets exceeded 3.75 million, and the on-chain transaction volume surpassed 270 million, fully demonstrating the vitality of the ecosystem and the enthusiasm of user participation.

In November, the project held a pre-storage event with an initial target of 5 million USD, which was quickly filled within 70 seconds, exceeding expectations. In response to the huge demand from the community, the cap was raised to 30 million USD, and ultimately, the target was exceeded rapidly within 90 minutes, with oversubscription reaching 6 times the original plan.

The growth potential of the project has also been recognized by several well-known VCs, having cumulatively completed $30 million in financing. In May of this year, it was announced that $10 million had been raised in a seed round, with participation from several renowned venture capital firms. This round of financing has laid a solid foundation for its innovation and expansion in the RWAfi field.

On December 18, it was announced that they had completed a $20 million Series A financing (with a total financing amount of $30 million), with participation from several well-known investment and financial institutions.

A blockchain ecosystem designed for RWA, leveraging the DeFi concept

Although there are already many Layer 1 projects in the industry, and new projects continuously entering the field make the competition increasingly fierce. However, due to the customized requirements for permission management, compliance, and liquidity in the series of operations of real-world assets on-chain, this project realizes the need to build a blockchain specifically designed for RWA, and to achieve its goals by embedding more customizations and functionalities at the network level.

Unlike traditional RWA models, this project aims to create a more efficient and accessible ecosystem for crypto users and traditional financial institutions by leveraging DeFi principles, making it the first and only protocol focused on RWAfi. RWAfi is a new model in the blockchain financial sector, meaning that tokenized RWAs can be combined and flexible like native crypto assets. Based on the idea of adopting encryption natively, the project prioritizes composability, liquidity, permissionlessness, and interoperability from the perspective of building what crypto users truly need, designing products and businesses around RWAfi.

The project's modular infrastructure is designed to support the tokenization and management of real-world assets, with the core components of its architecture being the tokenization engine, smart wallet, and on-chain data highway. Through the collaborative operation of these components, a smooth and secure environment is provided for managing various asset classes, ensuring compliance, and facilitating data integration.

In terms of core functionality, the project focuses on accelerating the on-chain process of real-world assets, liquidity, and regulatory compliance, providing a comprehensive framework that includes liquidity management, built-in anti-money laundering (AML) compliance, and data access capabilities.

The project utilizes a network of compliant partners to achieve regulatory verification of tokenized assets, ensuring that transactions meet relevant regulatory requirements. By integrating compliance directly into the platform, it simplifies the regulatory compliance process and user registration process. With the integrated compliance features, users can confidently participate in RWAfi transactions, accessing a broader range of opportunities on the network while complying with the necessary legal standards.

In terms of key asset liquidity and market efficiency, the project promotes liquidity development by collaborating with trusted liquidity providers and deploying yield enhancement mechanisms. Its trading functionality enhances the liquidity options of RWA tokens through staking, yield farming, and integration with DeFi protocols, supporting market activities. This allows users to participate in asset trading by reducing slippage and increasing asset stability, and to take advantage of liquidity and yield opportunities in the RWA market.

Focus on real gains and prioritize serving encryption native users

As a special area that serves as the intersection of blockchain technology and traditional assets, the immense potential of RWA stems from the traditional financial industry. Perhaps based on this, most RWA projects are currently led by individuals with backgrounds in traditional finance (TradFi), who are trying to bring traditional financial products to the blockchain. However, mainstream users on the blockchain tend to be more encryption-native rather than traditional financial users, making it difficult for most products to find a fit with the market.

The project believes that in order to truly promote the growth of RWA, it is essential to first understand the needs of on-chain users. Its RWAfi concept not only aims to bring RWAs on-chain but also to tailor products that are easy for users to understand and accept by following what they are already doing when integrating the traditional and encryption-native worlds. This is because on-chain users are typically the most vibrant and innovative when exploring RWAfi application scenarios, with a strong demand for real yield, liquidity, and composability. Essentially, the project meets these needs in a manner similar to DeFi, aligning products with the market. On the surface, users engage with decentralized financial products, but behind them are real-world assets that can deliver actual returns.

As an open, permissionless chain, this project provides an easy-to-use, compliant, and efficient asset on-chain tool that anyone can freely build and promote development without restrictions. Among the hundreds of protocols that have already been attracted, these assets cover a variety of categories. Currently, its asset categories can generally be divided into three types: collectibles, alternative assets, and financial instruments. Collectibles include wine, artworks, watches, sneakers, and Pokémon cards; alternative assets mainly consist of private credit, real estate, or green energy projects; financial instruments are primarily focused on stocks or corporate bonds.

However, for the vast majority of encryption users, the category of assets themselves is not important; their use and potential returns are the focus. Therefore, based on the premise of benefiting existing on-chain users, this project will also focus its work on the three most important use cases for encryption users. The first type is yield farming, which centers on earning returns through methods such as depositing funds and cyclical operations while achieving efficiency and convenience in operations. The second type is trading, including buying and selling, lending, and traditional spot trading activities. The third type is speculation, which mainly involves derivatives and other similar high-risk investment operations. This project focuses on assets and application scenarios related to these protocols, making them more aligned with the actual needs of encryption users.

The project focuses on generating real returns through income-generating assets and introducing real users through the existing market to expand the use cases of the encryption ecosystem and RWAs. For example, by collaborating with RWA projects in the renewable solar energy sector, users are provided with the opportunity to earn returns from solar assets valued at $100 million. The cooperative project tokenizes "the leverage of commercial solar construction loans and later operational assets," which will serve development projects for public school districts. The project states, "These projects have 100% contracted revenue and predictable costs." According to the statement, both teams believe that the commitment of school districts to these development projects reduces the overall risk of the tokenized projects and anticipates a return rate between 9% and 18%.

In addition to emphasizing on-chain user needs, the project also serves traditional financial institutions and can address major challenges in compliance and liquidity in promoting institutional adoption. This dual-service strategy positions it to achieve innovation and breakthroughs in the RWAfi space, meeting the different core needs of crypto-native users and traditional financial institutions.

Looking to the future, this project, which is about to officially launch its mainnet, will technically enhance the scalability and security of its infrastructure based on the existing foundation and further integrate to improve data privacy; in terms of ecological development and RWA expansion, it will undoubtedly add more asset classes, including tokenized luxury goods, stocks, and new forms of commodities; moreover, by expanding cooperation with financial institutions, it will make it easier for institutional investors to access tokenized RWA. This strategic positioning not only facilitates the connection between the encryption world and traditional finance but also makes it an important bridge for promoting RWAfi development.