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Plume, a modular blockchain designed to streamline real-world asset finance (RWAfi), has announced a strategic investment from funds managed by Apollo Global. This move aims to accelerate Plume’s infrastructure development and support its mission to make real-world assets (RWAs) as accessible and functional as any crypto-native asset. Apollo Global is a publicly traded alternative asset manager listed on the NYSE.

Building Infrastructure for Real-World Assets

Plume is developing an EVM-compatible blockchain and comprehensive infrastructure to bring assets such as financial instruments, carbon credits, GPUs, and collectibles onchain. The platform is designed to enable users to swap, lend, borrow, and speculate on tokenized assets through its RWA-focused decentralized finance (DeFi) ecosystem.

Currently, Plume supports over 200 protocols and has recorded activity from more than 18 million wallets on its testnet. This extensive network positions Plume as a growing player in the RWAfi space, redefining how real-world assets integrate with blockchain technology.

Recent Developments and Innovations

In March, Plume launched a payment finance product called nPAYFI on its Nest platform. This product is powered by PayPal USD (PYUSD), a stablecoin, and offers real-yield use cases. The integration of PYUSD as a liquidity layer highlights Plume’s focus on bringing payment financing onchain, further expanding its offerings in the real-world asset market.

Institutional Investment and Vision

Christine Moy, Partner and Head of Digital Assets at Apollo Global, emphasized the firm’s belief in technologies that broaden access to institutional-quality products and deliver seamless, innovative client experiences. She noted that Plume’s infrastructure enables programmable finance and enhances investor engagement for private assets migrating onchain.

Plume’s co-founder, Teddy Pornprinya, highlighted the company’s commitment to making real-world assets functional within the crypto economy. He stated,

“The challenge is not getting assets onchain, but making them useful once they’re there.”

Setting a New Standard for Real-World Asset Finance

Unlike traditional solutions that focus solely on asset tokenization, Plume’s infrastructure prioritizes composability and utility. Asset issuers can directly connect to liquidity and distribution networks, positioning Plume as a central hub for onchain financial innovation.

With Apollo Global’s investment, Plume is poised to strengthen its position in the RWA space, offering more opportunities for users and institutions to leverage tokenized assets effectively.

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