YZi has invested in Plume Network, a modular blockchain designed to bring real-world assets (RWAs) on-chain. By building an Ethereum Virtual Machine (EVM)-compatible ecosystem, Plume enables seamless integration of RWAs—including financial instruments, carbon credits, and collectibles—into decentralized finance (DeFi).
Growing Adoption and Industry Support
Plume has gained significant early traction, with over 18 million wallets participating in its testnet and securing partnerships with more than 180 protocols, according to a YZi (formerly Binance Labs) announcement.
“At YZi Labs, we invest in projects that harness blockchain technology to create real-world impact,” said Max Coniglio, Investment Director at YZi Labs. “Plume is bridging traditional finance and DeFi, paving the way for broader adoption.”
Bridging TradFi and Crypto
Plume aims to provide blockchain infrastructure that caters to both crypto-native users and traditional financial institutions. Through its platform, users can swap, lend, borrow, and earn yields on RWAs, making them as accessible as other digital assets.
Plume CEO Chris Yin highlighted the challenges faced by RWAs in gaining mainstream adoption.
“With Plume, asset issuers of all kinds can become Web3 builders, seamlessly connecting to our community, ecosystem, and liquidity,” Yin said.
Strategic Partnerships for Expansion
Plume Network recently announced a collaboration with Superstate to enhance the adoption of tokenized RWAs. This partnership makes Plume the first multi-chain partner for Superstate’s USTB and USCC funds, giving crypto investors access to Treasury bill yields while leveraging Plume’s compliance-focused infrastructure to attract institutional investors.
By securing YZi’s backing and expanding its partnerships, Plume Network is positioning itself at the forefront of bridging traditional financial markets with the world of decentralized finance.
