YZi Labs Invests in Plume Network to Promote RWA
YZi Labs (formerly Binance Labs) has just announced an investment in Plume Network to support the on-chain integration of Real World Assets (RWA). Plume has reached 18 million testnet wallets, partnered with over 180 protocols, and is bridging the gap between DeFi and traditional finance.
With the new funding, Plume will scale up, attract more financial institutions, and reinforce its position in the RWAfi ecosystem. According to Max Coniglio (YZi Labs), Plume is paving the way for RWA to become as seamless as digital assets, promoting broader adoption. Chris Yin (CEO of Plume) also emphasized the importance of building infrastructure to integrate RWA into the cryptocurrency economy.
