Plume Network mainnet launched, focusing on RWA financing ecosystem

Plume Network, a real-world asset (RWA) infrastructure platform supported by YZi Labs and Apollo, announced that its public mainnet Plume Genesis has been officially launched. The network aims to provide a complete solution for the on-chain and DeFi of real assets.

In the previous alpha phase, Plume Network successfully achieved a total of $150 million in on-chain capital conversion and utilization, showing the platform's potential in asset digitization and financing efficiency. Plume Genesis, which was launched this time, is called "the first complete infrastructure to provide true DeFi composability for real-world assets" and can support institutional-level asset on-chain operations, covering core areas such as structured debt, funds, and credit assets.

Plume Genesis has attracted more than 200 ecological projects to join, including financial giants such as Superstate, Blackstone, and Invesco. The participation of these institutions provides solid endorsement for Plume's compliance and market influence. At the same time, the Plume Portal product launched by Plume provides users with functions such as position management, yield optimization and token staking. PLUME tokens will also be used in the platform governance mechanism to further enhance user participation.

The launch of Plume Network represents a further acceleration of the trend of integration between real assets and blockchain technology. The platform said that more asset categories, such as artworks, precious metals and trading cards, will be introduced in the future to expand the application boundaries of RWAfi, promote the diversification of on-chain asset types, and serve a wider range of investment needs.

In the context of the increasing global attention to the on-chainization of real assets and regulatory compliance, Plume Network is regarded as one of the important infrastructures of this track. Its mainnet launch not only provides a gateway for traditional financial institutions to enter Web3, but also brings new investment options to DeFi users.