Plume Network

Plume Network

Blockchain network for fast transactions and compliance

About Plume Network

Simplify's Rating
Why Plume Network is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Crypto & Web3

Financial Services

Company Size

1-10

Company Stage

Series A

Total Funding

$30M

Headquarters

San Francisco, California

Founded

N/A

Overview

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.

Simplify Jobs

Simplify's Take

What believers are saying

  • Plume's partnership with Matrixdock introduces tokenized gold, offering a stable asset option.
  • Strategic investments from Apollo and YZi Labs boost Plume's RWA infrastructure development.
  • Plume's integration of AI-powered risk intelligence enhances security and efficiency.

What critics are saying

  • Increased competition in RWA solutions could dilute Plume's market share.
  • Volatility in tokenized assets like gold may pose financial risks to investors.
  • Regulatory scrutiny on tokenized assets could lead to compliance challenges for Plume.

What makes Plume Network unique

  • Plume Network offers a high-performance blockchain with fast TPS and low fees.
  • The company provides end-to-end solutions for asset onboarding and compliance.
  • Plume integrates tokenized gold, enhancing its RWAfi ecosystem's composability.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$30M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Plume Network
$30M
Kalshi

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Company Equity

Remote Work Options

Company News

PR Newswire
Apr 11th, 2025
Plume To Introduce Access To Tokenized Gold Via Matrixdock, Matrixport'S Rwa Platform

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

ChainCatcher
Apr 9th, 2025
Plume receives strategic investment from Apollo Fund to accelerate modular RWA chain development - ChainCatcher

Plume has attracted over 18 million wallet addresses during the testnet phase, with more than 200 protocols integrated.

CryptoPanic
Apr 8th, 2025
Apollo Global Invests in Plume Network

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.

Blockchain Desk Africa
Apr 8th, 2025
Plume secures investment from Apollo for RWA infrastructure

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.

CoinMarketCap
Mar 26th, 2025
COTI Partners with Plume to Enhance Privacy in Tokenized Real-World Assets

COTI partners with Plume to enhance privacy in tokenized real-world assets.

Recently Posted Jobs

Sign up to get curated job recommendations

Community Manager

New York, NY, USA

Developer Relations

New York, NY, USA

Data Scientist

New York, NY, USA

See All Jobs

Plume Network is Hiring for 17 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Plume Network's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Plume Network

Plume

Plume

Palo Alto, California

Plaid

Plaid

San Francisco, California

Blum

Blum

Dubai, United Arab Emirates

Developer Relations

New York, NY, USA

Data Scientist

New York, NY, USA

See All Jobs

Plume Network is Hiring for 17 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Plume Network's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Plume Network

Plume

Plume

Palo Alto, California

Plaid

Plaid

San Francisco, California

Blum

Blum

Dubai, United Arab Emirates