Plume Completes $20 Million Series A Funding, with Brevan Howard Digital, Haun Ventures, Galaxy Ventures and Lightspeed Faction as Co-Investors

Plume, the first fully modular, integrated Layer-1 blockchain focused on real-world asset finance (RWAfi), today announced the completion of a $20 million Series A round of financing. This round of financing was led by Brevan Howard Digital, Haun Ventures, Galaxy Ventures, and Lightspeed Faction, with participation from well-known institutions such as Superscrypt, Hashkey, Laser Digital (Nomura Group), A Capital, 280 Capital, SV Angel, and Reciprocal Ventures. This financing demonstrates the high recognition of Plume's vision to build an on-chain RWAfi ecosystem by the crypto industry and traditional financial investors.

Since its seed round of financing, Plume has achieved explosive growth, with more than 180 protocols under construction in its ecosystem and assets exceeding $4 billion. Plume recently completed an 8-week testnet with impressive data, attracting more than 18 million wallets, 3.75 million active users, and more than 280 million transactions. In addition, Plume's recent pre-staking event was oversubscribed in less than 90 minutes, raising more than $30 million, laying a strong momentum for the upcoming mainnet launch.

As the leader in RWAfi, Plume has built infrastructure that facilitates on-chain interaction with the real world. Through products such as Plume Arc (modular tokenization engine) and Plume Nexus (real-world data provider), Plume has become the easiest option to bring real-world assets to the chain, while also facilitating users to interact with these assets on Plume's EVM blockchain. On Plume, users can seamlessly exchange, trade, and speculate on real-world assets just as they interact with crypto-native assets. Whether earning real income by holding oil royalties, putting them into lending markets for recycling, or putting those tokens into perpetual contract decentralized exchanges, Plume is the only on-chain platform that provides permissionless access to the real world through crypto.

“There has always been a huge demand for real-world assets (RWAs) on-chain, but the infrastructure to bring these assets on-chain has been lacking in the past,” said Chris Yin, co-founder and CEO of Plume. “Look at the original RWA - stablecoins, which are one of the best products in the crypto space and provide a great entry point for new users to enter the crypto world. But the key to adoption is the ecosystem and user experience - while stablecoins have done it, other RWAs have not yet succeeded. And now with Plume, all kinds of asset issuers can become crypto-native builders. Through our technology and ecosystem, we connect them directly to our community, ecology, and liquidity, and do it all in an open, permissionless and composable way.”

This funding round will accelerate Plume’s commitment to creating the first RWA-focused Layer-1 blockchain for crypto-native users and institutions, while supporting application and product development in emerging markets built on Plume. This will further its mission to bring real-world assets on-chain to serve crypto-native users and even the largest financial institutions.

“Plume’s innovative approach to RWA leverages the unique capabilities of DeFi-native blockchains combined with their deep understanding of traditional financial institutions and new user incentives, especially in emerging markets,” said Will Nuelle, partner at Galaxy Ventures. “It’s exciting that Plume is bringing alternative investment classes such as carbon credits, special financial products, and GPUs to the chain, which are currently not easily accessible to investors.”

Plume is committed to unlocking the untapped potential of physical assets and economic data to create new opportunities for real yield, sustainable growth, and global accessibility. Users will be able to access Plume starting with the mainnet launch early next year.

About Plume

Plume is the first fully modular, integrated Layer-1 blockchain focused on RWAfi, providing a composable, EVM-compatible environment for accessing and managing a wide range of real-world assets. With over 180 projects building on its private development network, Plume offers an end-to-end tokenization engine and a range of financial infrastructure partners to simplify the asset access process and enable seamless integration of real-world assets with DeFi. For more information, visit https://www.plumenetwork.xyz/ or contact [email protected].