Plume Network launches $25 million RWAfi Ecosystem Fund, backed by Galaxy Digital and more
Plume Network, a full-stack modular Layer 1 blockchain platform focused on real-world asset financing (RWAfi), announced the launch of the $25 million RWAfi Ecosystem Fund to support the tokenization of real-world assets on its platform and early-stage RWAfi projects, with the aim of advancing RWA tokenization and market-based DeFi solutions for real-world assets such as treasury, GPU, luxury goods, and private credit. It is reported that Galaxy Digital, Superscrypt, Reciprocal Ventures, Mechanism Capital, Hashkey, Selini, and Manifold provided financial support for the fund.