BlockBeats News, June 5th, Plume Network, supported by YZi Labs and Apollo, announced the launch of its public mainnet, Plume Genesis, aiming to drive the development of the Real World Asset Financing (RWAfi) ecosystem. During the alpha phase, Plume Network successfully achieved a $1.5 billion on-chain capital utilization.
Plume Genesis is the first complete infrastructure to provide true DeFi composability for real-world assets, supporting the on-chain representation of institutional-grade Real World Assets (RWA) and attracting over 200 ecosystem projects, including Superstate, Blackstone, and Invesco. With its mainnet live, users can also access the Plume Portal for position management, yield optimization, and use the PLUME token for staking and governance.
In the future, Plume plans to introduce more asset categories, such as art, precious metals, and trading cards, further expanding the use cases of RWAfi.
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