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Industries
Fintech
Crypto & Web3
Financial Services
Company Size
1-10
Company Stage
Series A
Total Funding
$30M
Headquarters
San Francisco, California
Founded
N/A
Company Does Not Provide H1B Sponsorship
Plume Network provides a high-performance blockchain network that simplifies the use of blockchain technology for its clients. The network is designed to handle a large number of transactions quickly, allowing for fast processing and low fees. It caters to a variety of clients, including financial institutions and fintech startups, by offering tools that help with asset onboarding and compliance. Plume Network stands out from its competitors by providing a complete solution that includes automation and compliance features, making it easier for businesses to integrate blockchain into their operations. The company's goal is to enable clients to leverage blockchain technology efficiently and effectively.
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Total Funding
$30M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Health Insurance
Dental Insurance
Vision Insurance
Company Equity
Remote Work Options
NEW YORK, April 10, 2025 /PRNewswire/ -- Plume, the first fully integrated blockchain and ecosystem built specifically for Real World Asset Finance (RWAfi), has announced that Matrixdock, a leading tokenized real world asset platform from Asia, will be launching on Plume to introduce access to their fully backed, tokenized gold token XAUm. Matrixdock was the first in Asia to introduce a tokenized short-term treasury bill, and was founded in February 2023 by Matrixport, Asia's largest all-in-one hub for crypto financial services, with over US$6billion in assets under management.Gold continues to be a cornerstone asset in investment portfolios, serving as a hedge against inflation and as a portfolio diversifier. Traditional gold markets, however, present challenges including high entry barriers, custody requirements, and limited accessibility. By tokenizing gold, investors benefit from verifiable reserves, efficient settlement, and continuous global access without sacrificing the underlying asset's stability.Integrating Matrixdock's XAUm token enhances Plume's composability, allowing gold to function as a programmable financial primitive across the entire RWAfi ecosystem. This integration provides a refuge from volatility, allowing traders on Plume to rotate from alternative assets directly into gold as a safe haven asset, instead of relying on stablecoins or Bitcoin. Users will be able to use XAUm across Plume to seamlessly interact with other tokenized assets, whether it be as collateral, settlement, or as a real yield instrument."Gold has not only proven its value throughout economic cycles, but is now reaching historic price levels as global interest surges," said Chris Yin, CEO & Co-Founder at Plume
Plume has attracted over 18 million wallet addresses during the testnet phase, with more than 200 protocols integrated.
Apollo Global has invested in Plume Network, a firm specializing in tokenized real-world assets. This investment comes as Plume Network prepares to launch its mainnet in the coming weeks.
Plume, a modular blockchain focused on real-world asset finance, has secured a strategic investment from funds managed by Apollo Global, according to a note shared with crypto.news.
COTI partners with Plume to enhance privacy in tokenized real-world assets.
New York, NY, USA
New York, NY, USA
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Industries
Fintech
Crypto & Web3
Financial Services
Company Size
1-10
Company Stage
Series A
Total Funding
$30M
Headquarters
San Francisco, California
Founded
N/A
New York, NY, USA
New York, NY, USA
New York, NY, USA
Find jobs on Simplify and start your career today
Discover companies similar to Plume Network