Plume Network (PLUME) is a Layer 1 blockchain designed to integrate real-world assets (RWA) into the decentralized economy. The project raised $30 million from leading funds, including Galaxy, HashKey Capital, Haun Ventures, and Binance Labs (YZi Labs).
Key features:
🔹Focus on RWA – tokenization of real estate, goods, securities.
🔹Scalability – high throughput and low fees.
🔹Support for institutional investors – Apollo Global Management, Brevan Howard Digital.
Investments and partnerships
Plume Network raised $30 million💰 over several rounds:
Seed (May 2024) – $10 million (Galaxy, Haun Ventures, Superscrypt).
Series A (December 2024) – $20 million (HashKey Capital, Laser Digital).
Strategic investments from Apollo Global Management, Binance Labs (YZi Labs).
Key investors:
Tier 1: Galaxy, HashKey Capital, YZi Labs (formerly Binance Labs)
Tier 3: Haun Ventures, Brevan Howard Digital, Superscrypt
Tier 4: Plug and Play, XDC Foundation
✅Why is Plume Network promising?
The RWA market is growing – it's expected that by 2030 the volume of tokenized assets will exceed $10 trillion.
Institutional interest – support from Apollo, Brevan Howard, Binance Labs.
Token usage:
✔Payment of fees on the network.
✔Staking and governance (DAO).
✔Validator rewards.
Risks📌:
Competition (Polygon, Avalanche, Chainlink are also working with RWA).
Regulatory uncertainty (laws on asset tokenization vary by country).