Asset management firm Superstate has partnered with Plume Network, a real-world asset backed by major venture capital players.

In a Feb. 11 announcement Plume Network described the partnership as a significant milestone for the RWA on-chain market.

Superstate will use the integration to expand its U.S. Government Securities Fund and Crypto Carry Fund, making Plume the first multi-chain partner for USTB and USCC, the ticker symbols for these funds.

As a result, the partnership aims to accelerate the adoption of RWAs across the financial market.

“Superstate’s partnership with Plume brings institutional-grade, RWA-backed yields to the network. Investors can soon mint $USTB & $USCC natively on Plume—unlocking new integrations and products in an ecosystem designed for real world assets,” Plume posted on X.

Superstate will leverage Plume’s network, with chain-level compliance as a key component, to drive adoption of its tokenized assets.

Meanwhile, the collaboration provides crypto-native investors with access to Treasury bill yields and other yield-generating strategies, further expanding DeFi’s footprint in traditional finance. Plume’s RWAfi infrastructure will be critical to Superstate’s efforts to attract institutional investors to the tokenized asset market.

Plume revealed several partnerships last December, including with Google Cloud, Ondo Finance and Chateau Capital amid RWA expansion.

These collaborations came after Plume raised $20 million in its series A round in October.

Read the full article here

Share.

Leave A Reply

Your road to financial

freedom starts here

With our platform as your starting point, you can confidently navigate the path to financial independence and embrace a brighter future.

Registered address:

First Floor, SVG Teachers Credit Union Uptown Building, Kingstown, St. Vincent and the Grenadines

CFDs are complex instruments and have a high risk of loss due to leverage and are not recommended for the general public. Before trading, consider your level of experience, relevant knowledge, and investment objectives and seek financial advice. Vittaverse does not accept clients from OFAC sanctioned jurisdictions. Also, read our legal documents and make sure you fully understand the risks involved before making any trading decision