Tokenization startup Plume completed US$20 million in financing, with participation from Haun Ventures and others

PANews reported on December 18 that according to Fortune Magazine, tokenization startup Plume completed a new round of financing of US$20 million. Brevan Howard Digital, Haun Ventures, Lightspeed Faction and Galaxy Ventures jointly invested, bringing its total financing to 30 million. Dollar. Plume will use the funds raised in its latest round of funding to expand from crypto-native users to traditional financial firms and asset managers.

According to reports, Plume will provide developers with infrastructure for providing RWA financing, and its new blockchain focuses on the tokenization of physical assets. 180 projects have begun building on the network’s infrastructure, including a decentralized private credit platform called Credbull. While developers can already build on Plume’s blockchain, the company says users will need to wait until early next year to gain access.