In a most unexpected turn of events, the Plume Network has unveiled a partnership with the esteemed asset management firm, Superstate. This union marks the inaugural foray into the multichain realm for Plume, as it embraces the world of tokenized investment products with open arms, much like a child welcoming a stray puppy. š¶
With this collaboration, the illustrious Superstate shall introduce its USTB and USCC funds to the Plume blockchain, thereby expanding the horizons of real-world asset finance (RWAfi) with yields that could make even the most stoic investor raise an eyebrow in delight.
4/ Plume’s proprietary chain-level compliance and composability create the foundation to bring Superstate’s tokenized assets to life. Itās like a magician pulling a rabbit out of a hat, but with more spreadsheets and fewer top hats.
Crypto-native investors will soon find themselves basking in the transparent yields from Treasury bills and crypto basis strategies that match DeFi’s speed andā¦
ā Plume Network ā RWAfi L1 (@plumenetwork) February 11, 2025
Institutional-Grade Yields and New Financial Integrations
Ah, the sweet scent of compliance and interoperability wafts through the air, as Plume lays the groundwork for Superstateās tokenized assets. Here, crypto investors can revel in the transparent yields from Treasury bills while enjoying the flexibility of DeFi. Itās a veritable buffet of financial delights, and everyone is invited!
Superstate has hailed Plume as the first blockchain crafted for interoperable tokenization, real yield, and distribution. They are positively giddy at the prospect of launching USTB and USCC on Plume, which promises to enhance on-chain security and broaden access to DeFi. Itās like throwing a lavish party and ensuring everyone has a seat at the table.
1/ āļøThe wait is overā¦
Superstate is officially going multichaināstarting with @plumenetwork, the first RWAfi blockchain designed for everyone, from crypto-natives to institutions. Itās a veritable smorgasbord of financial opportunity!
We’ve built the infrastructure to make this possible, and in the coming weeks, investors willā¦
ā Superstate (@superstatefunds) February 11, 2025
Robert Leshner, the founder of Superstate, has grand ambitions to bring tokenized institutional assets to all major blockchains. He sees Plumeās specialized RWAfi chain as a splendid stage to showcase new use cases for tokenized assets, much like a peacock displaying its feathers.
Chris Yin, co-founder and CEO of Plume Network, expressed his delight at being chosen as Superstateās first chain expansion. He believes that a robust RWAfi ecosystem can indeed drive institutional asset adoption, akin to a well-tended garden yielding a bountiful harvest. He added that Superstate has proven its mettle in delivering transparent yields while scaling for crypto investors.
āPlumeās selection as Superstateās first chain expansion affirms our vision that a robust RWAfi (real world asset finance) ecosystem can significantly drive the adoption of institutional-grade assets. Superstate has proven its capability to deliver transparent yields while scaling effectively for crypto-native investors,ā Yin said.
Plumeās Growing Network of RWA Partnerships
This partnership is but a feather in Plumeās cap, adding to its growing network of collaborations with illustrious firms such as Google Cloud, Ondo Finance, and Chateau Capital, as it continues its quest to expand RWA adoption.
In a delightful twist, Plume has also recently announced a partnership with SEDA, a Web3 oracle that allows developers to customize data feeds instead of relying on the mundane preset options. SEDA is working with Plume and RwaWorld to bring unique data sources on-chain, including sentiment analysis, luxury watch prices, and tokenized whiskey investments. Because who wouldnāt want to invest in whiskey? š„
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2025-02-12 07:47