Superstate, a prominent asset management firm, has announced a strategic partnership with Plume Network, a leading platform for real-world assets backed by major venture capital players.
Unlocking Institutional-Grade Yields
This significant milestone for the on-chain market will enable Superstate to expand its U.S. Government Securities Fund and Crypto Carry Fund, making Plume the first multi-chain partner for USTB and USCC, the ticker symbols for these funds.
According to Plume, the partnership aims to accelerate the adoption of real-world assets (RWAs) across the financial market. As a result, investors will soon be able to mint $USTB and $USCC natively on Plume, unlocking new integrations and products in an ecosystem designed for real-world assets.
βSuperstateβs partnership with Plume brings institutional-grade, RWA-backed yields to the network. Investors can soon mint $USTB & $USCC natively on Plumeβunlocking new integrations and products in an ecosystem designed for real world assets.β
Key Benefits of the Partnership
The partnership will enable Superstate to leverage Plumeβs network, with chain-level compliance as a key component, to drive adoption of its tokenized assets. Additionally, the collaboration provides crypto-native investors with access to Treasury bill yields and other yield-generating strategies, further expanding DeFiβs footprint in traditional finance.
Some key benefits of the partnership include:
- Accelerating the adoption of RWAs across the financial market
- Enabling investors to mint $USTB and $USCC natively on Plume
- Unlocking new integrations and products in an ecosystem designed for real-world assets
- Providing crypto-native investors with access to Treasury bill yields and other yield-generating strategies
Plumeβs Recent Partnerships and Funding
Last December, Plume revealed several partnerships, including collaborations with major players in the industry. These partnerships came after Plume raised $20 million in its series A round in October, further solidifying its position as a leading platform for real-world assets.
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