🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
📝 Share your trading experience on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 End at: July 9, 16:00 UTC
Show off your trading on Gate Squ
Plume Network Rises: Creating a Professional RWA Public Chain to Lead $1 Billion in Assets on the Chain
A New Star in the RWAfi Field: Plume Network Builds a Professional on-chain Ecosystem
Real World Assets (RWA) are gradually becoming the focus of the market as an important link between traditional finance and cryptocurrencies. However, the current RWA market still faces many challenges, such as inefficiency and high costs, and the connection between the traditional financial system and the on-chain ecosystem is not smooth, urgently needing to break through development bottlenecks.
To address these issues, an integrated modular chain focused on RWAfi, Plume, has emerged. As the first truly RWA public chain serving crypto-native users, Plume is committed to providing more efficient, transparent, and convenient solutions, redefining finance by creating a dynamic, liquid, and composable RWA market to make its functionality comparable to native crypto assets.
Rapid development, attracting large amounts of capital
After nearly a year of rapid development, Plume Network has been widely recognized by the community, institutions, emerging banks, and crypto-native protocols as an excellent solution for RWAfi. Currently, over 180 projects have been built on Plume, with a total deployed asset exceeding 1 billion USD, and hundreds of millions of assets are set to go on-chain. During a two-month testing phase, Plume achieved remarkable results: the number of active wallets surpassed 3.75 million, and the on-chain transaction volume exceeded 270 million, fully demonstrating the vibrancy of the ecosystem and the enthusiasm of user participation.
In November, the pre-storage event held by Plume received an enthusiastic response, with an initial target of 5 million dollars quickly filled within 70 seconds. In response to the huge demand from the community, Plume raised the cap to 30 million dollars, ultimately exceeding the target within 90 minutes, with oversubscription reaching 6 times the original plan.
Plume's growth potential has also been recognized by several well-known investment institutions, having cumulatively completed $30 million in financing. In May this year, Plume completed a $10 million seed round financing. On December 18, Plume announced the completion of a $20 million Series A financing, with participation from several well-known investment institutions.
Drawing on DeFi concepts to build a dedicated ecosystem for RWA
Although there are many Layer 1 projects in the blockchain industry, Plume recognizes the need to build a blockchain specifically designed for RWA, aiming to achieve its goals by embedding more customized features at the network level. Drawing on DeFi principles, Plume aims to create a more efficient and accessible ecosystem for crypto users and traditional financial institutions, becoming the first and only protocol focused on RWAfi.
Plume's modular infrastructure is designed to support the tokenization and management of real-world assets, with core components of its architecture including the tokenization engine Arc, smart wallets, and the on-chain data highway Nexus. Through the collaborative operation of these components, Plume provides a smooth and secure environment for managing multiple asset classes, ensuring compliance, and facilitating data integration.
In terms of core functionality, Plume focuses on accelerating the on-chain process of real-world asset, liquidity, and regulatory compliance, providing a comprehensive framework that includes liquidity management, built-in anti-money laundering (AML) compliance, and data access features.
Focus on Real Returns, Serving Native Crypto Users
Plume believes that to truly drive the growth of RWA, it is essential to first focus on the needs of on-chain users. Its RWAfi concept not only involves putting RWA on-chain but also aims to follow the existing behavioral patterns of users when integrating the traditional and crypto-native worlds, creating products that are easy to understand and accept.
As an open, permissionless chain, Plume provides an easy-to-use, compliant, and efficient asset on-chain tool. Currently, the asset classes on Plume can be broadly divided into three categories: collectibles, alternative assets, and financial instruments.
Plume focuses its work on the three most important use cases for crypto users: yield farming, trading, and speculation. Plume specializes in assets and application scenarios related to these protocols, making them more aligned with the actual needs of crypto users.
Looking to the future, Plume, which is about to officially launch its mainnet, will further enhance the scalability and security of its infrastructure technically, and further integrate to improve data privacy; in terms of ecological development and RWA expansion, more asset classes will be added; in addition, by expanding cooperation with financial institutions, Plume will make it easier for institutional investors to access tokenized RWA. This strategic positioning not only promotes the connection between the crypto world and traditional finance but also makes Plume an important bridge for driving the development of RWAfi.