Plume Network and Ondo Finance have announced a strategic partnership aimed at advancing Real-World Asset Finance (RWAfi) through the use of blockchain technology. The partnership will integrate Ondos USDY, a U.S. Treasury tokenized product that manages over $450 million in assets, into Plume’s blockchain ecosystem. This initiative offers global investors access to government bond-backed returns, currently at 4.65% APR.
Plume Network is considered the first fully integrated and modular Layer 1 blockchain tailored for RWAfi and has positioned itself as a leader in this niche. The platform offers advanced blockchain tools to tokenize assets and facilitate connection with capital and compliance providers. With more than 180 projects in development, Plume provides a safe and efficient environment for organizations focused on real-world asset financing.
Improving the financial ecosystem through USDY integration
The CEO of Plume Network highlighted the company’s commitment to building a financial ecosystem that simplifies trading real-world assets. He noted that the integration of Ondos USDY into Plume’s infrastructure would improve the platform’s ability to offer investors diversified options across all RWAs. This integration is expected to accelerate the growth of RWAfi-focused companies while expanding Plume’s ecosystem.
Ondo Finance’s mission is closely aligned with this vision, as the company aims to provide universal access to high-quality financial solutions by merging blockchain technology with traditional financial practices. This approach includes robust investor protection and compliance measures. The…
