Yzi has invested in Plume Network, a modular blockchain designed to provide real assets on the channel
Plume Network is a modular blockchain designed to provide real assets on the chain. It builds an ecosystem compatible with Ethereum virtual machine which allows RWAs – including financial instruments, carbon credits and collectibles – to integrate transparently into decentralized finance.
Plume has experienced an important early traction, with more than 18 million portfolios participating in its test and partnership with more than 180 protocols, according to a Yzi announcement (formerly Binance Labs).
“At Yzi Labs, we invest in projects that exploit blockchain technology to create a real impact,” said Max Coniglio, director of investments at Yzi Labs. “The panache poses the traditional finance and challenge, opening the way to a wider adoption.”
Tradfi and crypto users
The network aims to provide a blockchain infrastructure which serves both crypto-native users and traditional financial institutions. Thanks to Plume, users can exchange, lend, borrow and gain yields on Rwas, which makes them as accessible as other digital assets.
The CEO of Plume, Chris Yin, noted that even if the Stablecoins managed to embark the users in the crypto, others RWA had trouble gaining ground.
“With Plume, asset transmitters of all kinds can become web manufacturers, connecting transparently to our community, our ecosystem and our liquidity,” he said.
Plume Network recently announced a partnership with Superstate to extend the adoption of active world tokenized, making a pen the first multi-chain partner for USTB and USCC funds from superstate.
The collaboration offers cryptographic investors an access to the yields of the Treasury bill while taking advantage of the infrastructure focused on the compliance of pen to attract institutional investors.
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