PlumeNetwork.xyz – Squarespace customer – (United States)
.XYZ is home to blockchain-focused innovators aimed at reshaping industries. Auditing platform Sherlock.xyz is aimed at keeping your smart contracts bug-free. Layer 2 blockchain project Eclipse.xyz aims to harness the strengths of Ethereum and Solana to create a modular blockchain. Tech company Re.xyz aims to build the future of decentralized insurance. In this week’s #BlockchainThursday, we’ll introduce you to a blockchain network geared towards making real-world asset projects seamless and secure: PlumeNetwork.xyz.
PlumeNetwork.xyz is the online home of Plume, which claims to be the first modular Layer-2 (L2) blockchain designed specifically for real-world assets (RWAs). RWAs are tangible assets such as real estate, commodities, and collectibles that can be tokenized and represented on the blockchain for digital transactions and investments. Plume is designed to integrate asset tokenization and compliance providers directly into the chain, aimed at simplifying the process of deploying RWA projects on the blockchain. Plume’s ecosystem supports a range of DeFi applications, enabling cross-pollination and investment in various RWAs. By providing a comprehensive end-to-end solution, Plume aims to facilitate the efficient and secure onboarding of both asset issuers and investors. In May 2024, Plume raised $10 million in a seed round led by Haun Ventures.1
Plume aims to offer a comprehensive end-to-end integrated technology stack, streamlining the onboarding process for both asset issuers and investors. This integration is designed to allow RWA projects to focus on product development without being distracted by operational complexities while providing investors with a secure environment for capital deployment. Plume seeks to foster a composable ecosystem through its DeFi applications, fostering activities such as earning yield, borrowing and lending, trading, and leveraging RWAs.
The team behind Plume includes entrepreneurs, investors, and operators with experience from companies such as Coinbase, Robinhood, Binance, LayerZero, dYdX, JP Morgan, and Galaxy Digital. Founder and CEO Chris Yin was previously with Beluga, a crypto platform designed to onboard and guide new users through their crypto journey. The team’s combined experiences can provide a unique network and understanding to bridge traditional finance and blockchain technology.
Plume’s choice of .xyz for its website reflects its commitment to innovation and forward-thinking. The .xyz domain is widely recognized for its versatility and appeal to tech-savvy audiences, making it an ideal fit for a cutting-edge blockchain platform like Plume. This domain choice aligns with Plume’s mission to bridge traditional finance and blockchain technology, positioning it at the forefront of the digital revolution. You can learn more about the blockchain network by following along on X/Twitter and by visiting PlumeNetwork.xyz.
1.https://finance.yahoo.com/news/plume-network-rwa-layer-2-163000151.html?guccounter=1XYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
