Plume Network Joins Forces with Bitlayer: Bitcoin RWA Assets First Enter the Trillion-Dollar DeFi Market
Bitcoin Layer2 ecosystem expands into new frontiers! Bitlayer has reached a strategic cooperation with Plume Network, a public chain focused on Real World Assets (RWA), to bring Bitcoin into the RWA field through the BitVM Bridge. The first phase of cooperation will issue Peg-BTC (YBTC-RE) anchored to commercial real estate, achieving bidirectional flow between Bitcoin and real assets.
Technical integration is reflected in three aspects:
1. Asset Mapping: YBTC-RE real-time anchors the price of commercial real estate in Manhattan, New York through Plume's oracle network, with a margin of error of less than 0.5%;
2. Compliance Framework: Introduction of Chainalysis monitoring system to meet SEC regulatory requirements for RWA assets;
3. Revenue Model: Holders can participate in real estate rental dividends by staking YBTC-RE, with annual returns reaching 12%-18%.
In terms of market potential, Plume Network has integrated real assets valued at over $5 billion, and this cooperation will enable Bitcoin to enter the trillion-dollar RWA market of traditional finance for the first time. Plume's CEO pointed out: "Bitlayer's technology allows Bitcoin to evolve from 'digital gold' to 'programmable financial infrastructure'. We anticipate that YBTC-RE will attract over $100 million in Bitcoin liquidity within three months of its launch."
