Plume Completes $20 Million Series A Funding

Plume, a fully modularized, integrated Layer-1 blockchain focused on real-world asset finance (RWAfi), announced today that it has completed a $20 million Series A financing round. This round of financing was jointly invested by Brevan Howard Digital, Haun Ventures, Galaxy Ventures, and Lightspeed Faction, and institutions such as Superscrypt, Hashkey, Laser Digital (Nomura Group), A Capital, 280 Capital, SV Angel, and Reciprocal Ventures participated in the investment. Since the seed round of financing, more than 180 protocols have been built in the Plume ecosystem, with an asset size of more than $4 billion. Plume recently completed an 8-week testnet, attracting more than 18 million wallets, 3.75 million active users, and more than 280 million transactions. In addition, Plume’s recent pre-staking event was oversubscribed in less than 90 minutes, raising more than $30 million. It is reported that Plume is a fully modularized integrated Layer-1 blockchain focusing on RWAfi, providing a composable, EVM-compatible environment for accessing and managing various real-world assets. Plume provides an end-to-end tokenization engine and a series of financial infrastructure partners to simplify the asset access process and achieve seamless integration of real-world assets and DeFi.