Plume Launches Global RWA Alliance to Boost Tokenized Assets Adoption
Plume has introduced the Global RWA Alliance,uniting key players in the tokenized-assets market.
Plume has teamed up with WisdomTree, Morpho, and Centrifuge to form the Global RWA Alliance. This collaboration aims to expand and promote the adoption of real-world assets on blockchain technology. The alliance includes other notable players like DigiFT, Nest, TopNod, Gate Web3, RWA.xyz, and Mercado Bitcoin.
Shukyee Ma, Plume’s chief strategy officer, stated, “The Global RWA Alliance is a significant step towards unifying a fragmented ecosystem.” Ma believes that real-world assets are one of the most promising growth areas in finance. However, challenges such as lack of standards and infrastructure gaps have hindered adoption.
To address these issues,the alliance aims for a global presence,initially focusing on the U.S. and Asia-Pacific regions. It seeks to engage with key stakeholders, including RWA issuers, platforms, regulators, and infrastructure providers.
Ma added, “By bringing these entities together under a neutral framework, we can accelerate adoption and establish globally interoperable tokenized markets.”
The alliance also aims to provide new yield opportunities for investors. plume enables access to Nest, a platform that integrates top providers like OKX Earn, Galaxy, and Morpho.
Plume’s recent regulatory milestone includes registering a transfer agent with the U.S.Securities and exchange Commission. This approval allows Plume to offer compliant recordkeeping, trade tracking, and fund management in the U.S. tokenized-assets market.
Currently, Plume has nearly $577.8 million in total value locked, with its tokenized treasury vaults seeing over 90% utilization.
