A New Star in the RWAfi Ecosystem: Plume Network Creates Professional Solutions for Encryption Users

Real World Assets (RWA) serve as an important link between traditional finance and encryption, gradually becoming the focus of market attention. However, the current RWA market still faces many challenges, such as inefficiency and high costs. The connection between the traditional financial system and the on-chain ecosystem is still not smooth enough, and the bottlenecks for further development urgently need to be broken.

To address these issues, a fully integrated and modular chain focused on RWAfi has emerged. As the first truly public chain serving encryption-native users, this project aims to provide more efficient, transparent, and convenient solutions by creating a dynamic, liquid, and composable market for RWA, redefining finance to be as versatile as native encryption assets.

Rapid development, asset scale exceeds 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, over 180 projects have been built on the platform, with a cumulative deployed asset exceeding $1 billion, and hundreds of millions of assets are set to go on-chain. During the two-month testing activity, the project 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, which was quickly filled in 70 seconds, far exceeding expectations. In response to the huge demand from the community, the project team immediately raised the cap to $30 million, ultimately exceeding the target in 90 minutes, with oversubscription reaching 6 times the original plan.

The growth potential of this 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 completed in seed round financing. On December 18, it was announced that $20 million had been completed in Series A financing, with participation from several well-known investment institutions.

A blockchain ecosystem designed for RWA, leveraging the DeFi concept

Although there are already many Layer 1 solutions in the industry, and new projects continuously entering this space make the competition increasingly fierce. However, due to the customized requirements for permission management, compliance, and liquidity in the on-chain operations of real-world assets, this project realized the need to create a blockchain specifically designed for RWA, and to achieve its goal 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 encryption users and traditional financial institutions by leveraging DeFi principles, making it the first and only protocol focused on RWAfi. RWAfi represents a new model in the blockchain finance sector, meaning that tokenized RWA can be combined and flexible like native encryption assets. Based on the idea of adopting encryption natively, this project prioritizes composability, liquidity, permissionless access, and interoperability from the perspective of building what encryption users truly need, designing products and services around RWAfi.

The project's modular infrastructure is designed to support the tokenization and management of real-world assets, with 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 multiple asset classes, ensuring compliance, and facilitating data integration.

In terms of core functionality, the project focuses on accelerating the on-chain 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 functions.

Focus on real returns, emphasizing service to encryption native users

As a special area at 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 a traditional financial (TradFi) background, who attempt to bring traditional financial products onto 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 market fit.

The project believes that to truly drive the growth of RWA, it is essential to first focus on 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, while adhering to what users are already doing when combining the traditional and encryption native worlds. This is because on-chain users are often the most vibrant and innovative when exploring RWAfi application scenarios, and they have a strong demand for real yields, liquidity, and composability. Essentially, the project meets these needs in a way similar to DeFi, aligning products with the market. What users encounter on the surface are decentralized financial products, but behind them are real-world assets that can bring actual yields.

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

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

The project focuses on bringing real returns through yield-bearing assets and introducing real users through existing markets to expand the encryption ecosystem and use cases for 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. These projects tokenize "the leverage of commercial solar construction loans and later operating assets," which will serve development projects for public school districts. The project parties stated, "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, with expected yields ranging from 9% to 18%.

In addition to emphasizing on-chain user needs, the project also serves traditional financial institutions and aims to address major challenges in compliance and liquidity when promoting institutional adoption. This bidirectional service strategy positions it for innovation and breakthroughs in the RWAfi space, catering to 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 further 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; in addition, 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 will also make this project an important bridge to promote the development of RWAfi.