RWAfi New Star: Plume Network Creates a Dedicated Platform for Encryption Users

Real World Assets (RWA) are gradually becoming the focus of market attention as an important link between traditional finance and encryption. However, the current RWA market still faces many challenges: low efficiency, high costs, and the connection between the traditional financial system and the on-chain ecosystem is not smooth, with bottlenecks in further development urgently needing to be broken through.

To solve this problem, 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 RWA market to redefine finance, making it as multifunctional as native encryption assets.

Rapid development, asset scale exceeds one billion

After nearly a year of rapid development, the project has been recognized by the community, institutions, emerging banks, and encryption native protocols (such as lending protocols, perpetual contract DEX, AMM, etc.) as the best solution for RWAfi. Currently, over 180 projects have been built on this platform, with a total deployed asset exceeding 1 billion USD, and several hundred million assets are about 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 for 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 enormous demand from the community, the cap was subsequently raised to 30 million USD, and ultimately, the target was exceeded and completed rapidly within 90 minutes, with oversubscription reaching 6 times the original plan.

The growth potential of this project has also been recognized by several well-known investment institutions, and it has currently completed a total financing of $30 million. In May this year, it announced the completion of $10 million in seed round financing. On December 18, it announced the completion of $20 million in Series A financing, with participation from several well-known investment institutions.

A blockchain ecosystem designed specifically for RWA, leveraging DeFi concepts

Although there are already many Layer 1 solutions in the industry, the influx of new projects into this field has made 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 realizes the need to create a blockchain specifically designed for RWA, and aims to achieve its goals by embedding more customization and functions 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 is a new model in the blockchain financial sector, meaning that tokenized RWA can be composable and flexible like native encryption assets. Based on the concept of adopting encryption natively, the project prioritizes composability, liquidity, permissionlessness, and interoperability from the perspective of building what encryption users truly need, and designs products and business 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 work 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 capabilities.

Focus on real returns, key service for encryption native users

As a special field where blockchain technology intersects with traditional assets, the enormous potential of RWA originates from the traditional financial industry. Perhaps based on this, most RWA projects are currently led by individuals with a traditional finance (TradFi) background, who attempt to bring traditional financial products onto the blockchain. However, mainstream users on the blockchain are often more inclined towards encryption-native users 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 focus on the needs of on-chain users. Its RWAfi concept not only involves bringing RWAs on-chain, but also aims to create products that are easy for users to understand and accept by following what they are already doing while integrating 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 manner similar to DeFi, aligning the products with the market. What users encounter on the surface are decentralized financial products, but behind them are real-world assets that can yield actual returns.

As an open, permissionless chain, the project provides an easy-to-use, compliant, and efficient asset onboarding tool, allowing anyone to freely build and drive development without restrictions. Among the hundreds of protocols that have been attracted so far, these assets cover various 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 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 efforts on the three most important use cases for encryption users. The first category is yield farming, which revolves around earning returns through methods such as depositing funds and performing cyclical operations, while achieving efficiency and convenience in operations. The second category is trading, which includes buying, selling, lending, and traditional spot trading activities. The third category is speculation, mainly involving 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 via 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 have 100% contracted revenue and predictable costs. It is reported that the expected yield ranges from 9% to 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 field, catering to the different core needs of encryption-native users and traditional financial institutions.

Looking ahead, this project, which is set to officially launch its mainnet, will further enhance the scalability and security of its infrastructure on the existing foundation, and will also integrate further 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, expanding cooperation with financial institutions 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 for promoting RWAfi development.