Tokenization News: Securitize Leverages Plume to Expand Global Real-World Asset Reach
Summary
Tokenization platform Securitize is collaborating with the modular RWA layer 2 blockchain, Plume, to launch its institutional-grade tokenized assets on Plume's Nest staking protocol. This partnership connects Securitize's regulated funds, backed by entities like BlackRock and Morgan Stanley, to Plume's community of over 280,000 RWA holders, providing a significant on-chain venue for trading and earning yield.
Securitize ensures all underlying assets adhere to rigorous regulatory frameworks, while Plume's Nest offers a regulated, composable DeFi ecosystem enhanced by Bluprynt's verification system. According to Securitize CEO Carlos Domingo, this move aims to realize global, transparent digital capital markets. Plume co-founder Teddy Pornprinya noted that Plume provides the necessary global distribution, composability, and liquidity for these assets.
The rollout begins with Hamilton Lane funds, targeting $100 million in capital through 2026. Additionally, Bitcoin finance platform Solv plans to invest up to $10 million in Plume's RWA vaults to integrate regulated, RWA-backed yields into BTC offerings.
(Source:CoinDesk)