Against the backdrop of compliance, the RWAFi public chain Plume team has recently made significant moves.

In May, the Plume team met with the U.S. Department of the Treasury and the SEC's crypto working group to propose a concept called "Innovation Exemption" aimed at accelerating the compliant entry of on-chain assets into the market.

In mid-June, the Plume team met with Treasury Secretary Scott Bessent and Vice President JD Vance to discuss Plume's development blueprint, supporting the U.S. strategy for asset tokenization.

Next, Plume will establish its New York headquarters at the Empire State Building. This will facilitate Plume in bringing more RWA projects to the financial institutions, family offices, and credit funds in New York, including the leading protocol Nest within the Plume ecosystem, as Nest is focused on institutional-level RWA business.