During this week's Token2049 event in Singapore, I dedicated both days to the official agenda of @Plume - RWA Chain . The CapitalX × ONCHAIN roundtable on the morning of September 30th allowed me to hear the team's explanation of 'the native integration of compliance modules' for the first time; in the afternoon, at the Re(fundamentals) forum, co-founder Chris Yin proposed the idea that 'the composability of RWAfi precedes liquidity,' which starkly contrasts with the fragmented RWA projects I had seen in the secondary market. At the evening Assets On The Rocks networking event, I discussed the on-chain KYC process and its integration with traditional custody nodes face-to-face with members of the Risk team, concluding that when compliance is embedded in the underlying logic, institutions find it easier to implement unified standards when introducing real assets.
In terms of technological implementation, @Plume - RWA Chain announced the cooperation with Plasma Foundation during the conference, with the flagship staking protocol NestCredit completing its first multi-chain deployment on Plasma. I followed the on-site demonstration and transferred a portion of USDT to Nest's smart contract across chains. The required documentation, KYC status, and the yield certificates generated from the collateral were all clearly presented on-chain. After returning to the hotel, I calculated the processing time and costs for a similar scale of funds on other public chains. Plume, relying on USDC CCTP and Circle's cross-chain mechanism, reduced the actual costs by about 68% without sacrificing compliance verification, and this efficiency gap is why I decided to continue tracking it.
#Plume The rapid expansion is also supported by data. The latest Messari Pulse report shows that two months after the mainnet launch, wallets from compliant investors accounted for more than 50% of active addresses on-chain, which aligns perfectly with the number of institutional attendees I observed at the event in Singapore. For me, $PLUME
The value comes not only from growth expectations but also from its binding with compliance processes, gas costs, and governance rights. I have planned to continue participating in the Global On-chain Asset Summit on October 2 to obtain more details about jurisdictional collaboration and asset clearing processes.
