Coin overview
PLUME
Ended--
Last price (USDT)
457.73K
24h total (USDT)
837.90K
Total vol (USDT)
2025-01-17 13:00:00 ~ 2025-01-21 08:30:00
Trading time (UTC+0)
2025-01-21 10:00:00 ~ 2025-01-21 14:00:00
Delivery time (UTC+0)
Total supply10.00B
Resources
Introduction
Plume is the first RWAfi L1 EVM network focused on crypto natives. We build infrastructure to make it easy to connect the real world and the crypto markets. We go against the traditional view of RWAs by changing its definition – it’s not just TradFi onchain but instead building net new crypto-first RWA use cases to the market including things like RWA derivatives/speculation, borrow/lend, yield farming, and more.
5 Made in USA Coins That Can Potentially Top the Charts in Q3
The crypto market has kicked off this week with a slight recovery following last week’s steep decline. Bullish sentiment is slowly attempting a comeback, with several ‘Made in USA’ coins flashing signs of strength. Some US-founded projects stand out for their strong fundamentals and active development pipelines. These tokens are drawing attention for their potential to outperform in Q3, especially if the broader market recovery holds. Chainlink (LINK) LINK is one of the most important ‘made in USA’ coins to watch in Q3, thanks to a major partnership between Chainlink and Mastercard to bridge traditional finance with crypto. This collaboration will enable Mastercard’s three billion cardholders to purchase crypto directly on-chain. Through integrations with Web3 entities like Shift4 Payments, Swapper Finance, XSwap, and ZeroHash, users will be able to convert fiat to crypto seamlessly without prior Web3 experience. As Chainlink powers the oracle infrastructure behind these integrations, demand for LINK could rise significantly in Q3. At press time, the altcoin trades at $13.15. A resurgence in news demand for the altcoin could push its price toward $14.17. LINK Price Analysis. Source: TradingView On the other hand, if bear pressure strengthens as we approach Q3, the altcoin could fall toward $10.94. Aptos (APT) APT is another US-founded project to watch in Q3, as it stands at the center of growing stablecoin adoption momentum. The state of Wyoming is reportedly moving forward with plans to launch its own stablecoin, known as the Wyoming Stable Token (WYST). Aptos is one of the top contenders for the underlying blockchain infrastructure. A special state-appointed Wyoming Stable Token Commission evaluated several networks, and Aptos tied for first place with Solana, scoring highest on criteria like technical robustness and vendor support. If Wyoming selects Aptos for its stablecoin rollout, it would mark a significant milestone for the network and push demand for its APT token. Currently, the altcoin trades at $4.77. If this development spurs increased demand for the altcoin going into Q3, it could push its price to $5.99. APT Price Analysis. Source: TradingView However, if selling pressure increases, APT’s price could drop to $3.74. SEI SEI is another altcoin to watch closely in Q3. The State of Wyoming has also selected it as one of the underlying infrastructures for its upcoming WYST stablecoin. This decision puts Sei in the spotlight amid intensifying competition among blockchains to secure real-world adoption. Over the past month, the Sei Network has seen an uptick in user activity. Per Artemis, during that period, the number of daily active users on the blockchain has soared to 609,448, rising by 17.36%. The network’s total value locked (TVL) has also risen by 14.11%, hitting $563 million, indicating growing user confidence and liquidity inflows. Fees collected on the network have rocketed by 196%, reaching $519, while SEI’s price jumped nearly 25% to $0.28 over the past month. Sei Network Activity. Source: Artemis If this trend continues, SEI’s price could climb toward $0.305. SEI Price Analysis. Source: TradingView Conversely, if demand dips, the coin’s price could fall to $0.23. Plume Network (PLUME) PLUME is another altcoin to watch in Q3, as it continues to gain significant traction in the real-world asset (RWA) tokenization space. The project recently achieved a major regulatory milestone after the token passed the EU’s Markets in Crypto-Assets (MiCA) compliance review, making it eligible for listing on regulated exchanges across all 27 EU member states. This opens the door for a wave of European institutional and retail investment, strengthening Plume’s credibility as a compliant blockchain for real-world asset infrastructure. In addition to regulatory wins, Plume Network has surpassed 100,000 RWA holder addresses, overtaking Ethereum as the blockchain with the largest number of RWA holders. With regulatory approval and record-breaking user adoption, PLUME is well-positioned for further upside in Q3. If demand climbs, PLUME’s price could reach $0.095. PLUME Price Analysis. Source: TradingView On the other hand, if buying activity drops, the coin’s price could break below $0.075. Worlcoin (WLD) WLD is another altcoin to keep an eye on in Q3, driven by fresh speculation about a potential partnership with Reddit. According to an earlier report, Reddit is reportedly discussing integrating Worldcoin’s Orb biometric technology to verify users and combat bots and fake accounts. If true, this move would represent a major leap for decentralized identity adoption within mainstream social platforms, especially in response to growing concerns about generative AI and online misinformation. The circulating news has contributed to a mild recovery in the WLD token’s price. If buying pressure continues to build, WLD could break above the $0.97 resistance level. WLD Price Analysis. Source: TradingView However, if demand fades or the rumors fail to materialize, the token risks falling toward the $0.57 support zone.
Plume extends the lock-up period for early supporters’ tokens by 6 months, unlocking in January 2026
Foresight News reported that Plume announced on Twitter that the token lock-up period for all early supporters and core contributors will be extended until January 2026. Compared to the original lock-up date, this is a 6-month extension.
Plume integrates AUSD to unlock DeFi across RWAfi
Plume, a blockchain platform for real-world asset finance, is integrating Agora’s U.S. dollar-backed stablecoin in a move that will unlock decentralized finance benefits for users and developers within the rapidly expanding RWAfi ecosystem. The Plume team announced its Agora stablecoin integration on Monday, June 23, noting that the partnership brings the institutional-grade stablecoin to Plume. Agora, founded by Nick van Eck, will bolster Plume’s native stablecoin infrastructure, the platform said in a blog post . AUSD is a stablecoin fully backed by USD reserves, including short-duration U.S. Treasuries and cash. VanEck actively manages the digital asset’s backing, with State Street as the custodian. Plume eyes real-world assets market As well as expanding Plume’s increasingly robust DeFi ecosystem, the collaboration is set to boost Agora’s own footprint in the digital dollar space. Key to these developments is a push toward dominance in the tokenized real-world assets market. “The next wave of stablecoin adoption will be driven by utility beyond payments, and our RWAfi ecosystem will be at the center of that transformation,” Chris Yin, chief executive officer and co-founder of Plume, said in a statement. AUSD on Plume and its Ethereum Virtual Machine environment adds to the bridging of the gap between traditional finance and decentralized finance. RWAfi adoption will include Nest, Plume’s protocol for institutional-grade staking and yield. Notably, Agora’s stablecoin will help power Plume’s own stablecoin, dubbed Plume USD. AUSD as a reserve asset provides reliability and trusted liquidity provision for PUSD. “As adoption of tokenized assets accelerates, users demand stablecoins that are transparent, composable, and trusted,” Agora co-founder and CEO Nick van Eck said. Plume recently launched Plume Genesis , the platform’s public mainnet as it eyed DeFi composability for RWA. The project has partnered several institutional giants, including Superstate, Blackstone, and Invesco. It secured strategic investment from YZi Labs in March and Apollo Funds in April.
Top 3 RWA Altcoins to Watch for the Third Week of June
RWA altcoins are drawing renewed attention this week, with Sky (SKY), Plume (PLUME), and Centrifuge (CFG) showing sharply contrasting trends. SKY leads the pack with a 19% weekly gain, fueled by strong adoption of its upgraded Maker-based ecosystem. PLUME has dropped 21% following the death of its co-founder. This comes despite the project’s recent mainnet launch and strong backing from major investors. Meanwhile, CFG has surged over 14% in the past 24 hours. The jump follows its $1 billion milestone announcement and its expansion of real-world asset access on Solana. Sky (SKY) Sky Protocol is a decentralized financial system built as an evolution of the Maker Protocol. It introduces upgraded tokens—USDS and SKY—as direct successors to DAI and MKR. Over the past seven days, SKY has surged more than 19%, making it the top-performing token among the ten largest real-world asset (RWA) altcoins. SKY Price Analysis. Source: TradingView. With its market cap now nearing $1.9 billion, bullish sentiment has grown around the token. If this upward momentum continues, SKY could test resistance at $0.094 and potentially push toward $0.10. However, if the market turns and support at $0.075 is broken, downside targets include $0.069 and $0.0635. Plume (PLUME) Plume Network is a Layer 1 blockchain focused on bringing real-world assets (RWAs) into DeFi through tokenization. The project has received backing from major firms like YZi Labs and Apollo Global, and recently launched its long-awaited Genesis mainnet to support yield-bearing RWAfi assets. However, the sudden and tragic death of co-founder and CTO Eugene Shen sparked confusion, speculation, and a wave of selloff. Despite Plume’s established investor base and progress in onboarding over 200 projects, public trust took a hit as trading volume surged and rumors swirled about the circumstances surrounding Shen’s death. PLUME Price Analysis. Source: TradingView. In the past seven days, PLUME has dropped 21%, dragging its market cap down to $200 million. The ongoing correction puts the token at risk of falling below the $0.90 mark if bearish sentiment persists. On the upside, a reversal could see PLUME testing resistance at $0.115, with potential targets at $0.128 and $0.142 if momentum strengthens. Centrifuge (CFG) Centrifuge is a real-world asset (RWA) tokenization platform. It lets asset managers bring financial products onchain and gives investors access to a diverse tokenized asset portfolio with real-time, transparent data. The protocol recently expanded to Solana by launching deRWA tokens—freely transferable RWAs. These can be traded, lent, or used as collateral across major Solana DeFi platforms like Raydium, Kamino, and Lulo. Two days ago, Centrifuge announced it has surpassed $1 billion in total real-world assets financed—an important milestone for the RWA sector. CFG Price Analysis. Source: TradingView. Centrifuge’s native token, CFG, has gained over 14% in the last 24 hours, pushing its market cap to around $108 million. The token is currently attempting to break through the $0.20–$0.21 range, with a potential next target at $0.264 if momentum continues. On the downside, if support at $0.177 fails, CFG could retrace toward $0.167. The recent price surge reflects renewed investor interest amid strong fundamental progress and growing adoption within the DeFi space.
TrueNorth Raises $1 Million to Launch AI-Powered Crypto Discovery Engine
TrueNorth, an AI-driven crypto discovery platform, has secured $1 million in strategic angel funding, attracting support from prominent figures in the blockchain and investment sectors. Backers include the founders of LayerZero, SEI, Selini Capital, Plume, Virtuals, and Presto Labs, underscoring strong industry confidence in the project’s vision for the future of crypto investing. Founders of LayerZero, SEI, Selini Capital, and Plume back hyper-personalized AI crypto discovery engine @get_truenorth https://t.co/VXczZ2ZWdH — Chainwire (@ChainwirePR) June 9, 2025 TrueNorth was co-founded by Willy Chuang, former COO of the hybrid CeFi/DeFi exchange WOO, and Alex Lee, a PhD in AI and a former tech investor at Temasek. The platform aims to revolutionize how investors discover and act on crypto opportunities by leveraging autonomous AI agents. These agents continuously scan blockchain networks, social media, and macroeconomic data to deliver real-time, tailored insights based on each user’s portfolio, trading style, and behaviour. “Our goal is to cut through the noise in an increasingly complex market,” said Chuang. “TrueNorth’s generative user interface adapts in real time, providing evolving insights that help users make faster, more confident decisions.” The funding round drew participation from notable industry leaders, including Bryan Pellegrino (LayerZero), Jeff Feng (SEI), Jordi Alexander (Selini Capital), and Yongjin (Presto Labs), among others. These investors share a belief in the transformative potential of AI for crypto trading, particularly in areas like interoperability, algorithmic strategies, and infrastructure innovation. Currently, TrueNorth is in closed beta, collaborating with its first 500 early users—dubbed “Truthsayers”—to refine its agentic workflows and user experience. The team plans to reveal more about its advanced architecture and agent frameworks ahead of a public launch, aiming to deliver smarter, hyper-personalized discovery tools to the broader crypto community. Notably, XY Finance, a known entity in the realm of cross-chain infrastructure, has launched SuperIntent. SuperIntent is being presented as the first omnichain AI crypto super app designed to simplify investing in decentralized finance (DeFi) by offering AI-driven insights and strategy execution across various blockchain networks. If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter , LinkedIn , Facebook , Instagram , and CoinMarketCap Community . “Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
LayerZero, SEI, Selini Capital founders back AI engine for crypto discovery
TrueNorth, backed by several prominent founders and venture capital firms, is building AI agents to help users discover new crypto tokens. Finding promising crypto projects remains a challenge for both new and experienced traders. On Monday, June 9, the founders of LayerZero, SEI, Selini Capital, Virtuals, Plume, and Presto Labs announced backing an AI project for crypto discovery. https://twitter.com/get_truenorth/status/1932035946616172687 The project, founded by WOO COO Willy Chuang and ex-Temasek AI tech investor Alex Lee, raised $1 million to develop its AI engine. According to Chuang, the engine will enable hyper-personalized information, which is only possible with generative AI. “We see true AI agents becoming the foundation for how people invest in crypto for the future. The market is only getting more complex, and our goal is to cut through the noise with a hyper-personalized engine powered by a generative user interface (known as Gen UI) that adapts to each user’s style and behavior in real-time,” Willy Chuang, TrueNorth. Crypto trading needs to be simplified: Chuang Chuang explained that TrueNorth’s vision is to have complex, multi-layered AI models running in the background. Using reinforcement learning, these models aim to come “infinitely closer” to transforming a user’s intent into actionable outcomes. “Having led crypto exchanges and worked closely with a broad range of traders and investors, I’ve seen how fragmented data and constant noise creates friction in decision-making. TrueNorth is built to simplify this, delivering personalized insights that evolve with each user so they can move faster with more confidence,” Chuang, TrueNorth. Still, the announcement comes amid growing skepticism around AI capabilities. Just days earlier, Apple published a research paper questioning the ability of large language models to solve complex problems. While many popular LLMs do well in solving simple tasks, all of them completely break down when it comes to solving complex problems.
Rooster Protocol Launches on Plume Mainnet for RWA Liquidity
Key Points: Rooster Protocol mainnet launch boosts RWA finance infrastructure. Over 50 dApps are already integrated post-launch. $PLUME token set for increased utility post-launch. Rooster Protocol Launches on Plume Mainnet for RWA Liquidity The Rooster Protocol has officially launched on the Plume mainnet, marking a significant step in enhancing real-world asset liquidity in the blockchain sector . Major Launch Impact The launch is pivotal due to its potential to transform the landscape for institutional investors seeking tangible yield-bearing assets through enhanced liquidity infrastructure. The launch of the Rooster Protocol on the Plume mainnet signifies a collaborative effort involving major entities. Rooster Protocol Team and Plume partners, including DeFi projects like Origin Protocol , coordinated this launch. The $PLUME token’s implementation is already reflecting increased utility-driven demand within the ecosystem. This project aims to amplify the connectivity between DeFi platforms and real-world assets, offering extensive liquidity pools and composability benefits. The launch supports over 20 RWA tokens, enabling cross-chain interoperability . Institutional capital backing has helped accelerate progress, as showcased by the Genesis initiative’s $150 million funding. “Plume Genesis represents a critical inflection point for RWA distribution and institutional access. With global regulatory headwinds for crypto ceasing, for the first time, institutions can safely access tangible yield-bearing assets at scale. As these assets become a key focal point for regulators, we’re building the infrastructure to make them a bridge to mainstream adoption.” — Teddy Pornprinya, Co-founder and CBO, Plume The launch results in immediate effects on blockchain liquidity and integration prospects, assisting greater institutional access to yield-bearing assets. These shifts can significantly alter how traditional financial products engage with blockchain technology. Potential outcomes from the Rooster Protocol launch entail greater interaction between DeFi ecosystems and traditional finance systems. Historical trends show increased liquidity and value for native tokens post similar launches, reinforcing readiness for regulatory adoption.
Rooster Protocol, the Core Facility for RWA Liquidity in the Plume Ecosystem, Goes Live on Mainnet
According to Jinse Finance, the core RWA decentralized trading platform Rooster Protocol has now been officially deployed on the Plume mainnet. This protocol aims to provide core infrastructure for RWA asset liquidity within the Plume ecosystem. Rooster Protocol innovatively integrates Maverick Protocol's automated market maker (AMM) technology, creating a highly composable DeFi-native framework for RWA assets. Its core objective is to significantly enhance the liquidity depth of RWA assets and efficiently bridge the full potential of traditional finance (TradFi) and RWA financialization (RWAFi). Currently, Rooster Protocol has achieved extensive ecosystem integration: • Asset side: Supports over 20 RWA tokens, including Nest's nALPHA and music copyright RECORD. • Lending platforms: Integrates native lending protocols of the Plume ecosystem, including Solera and Mystic. • Cross-chain interoperability: Seamlessly connects with leading cross-chain solutions such as Debridge, Enso, and Rhino.fi. • Leading DeFi applications: Attracts well-known DeFi projects like Origin Protocol and Midas to join, deploying their RWAFi strategies within the Plume ecosystem through Rooster. This launch marks a strategic step forward for the Plume ecosystem in building institutional-grade RWA liquidity and promoting large-scale RWAFi applications.
Rooster Protocol, the Core Facility for RWA Liquidity in the Plume Ecosystem, Goes Live on Mainnet
On June 8, the core RWA decentralized trading platform Rooster Protocol has been officially deployed to the Plume mainnet. This protocol aims to provide core infrastructure for RWA asset liquidity in the Plume ecosystem. Rooster Protocol innovatively integrates Maverick Protocol's Automated Market Maker (AMM) technology to build a highly composable DeFi-native framework for RWA assets. Its core goal is to significantly enhance the liquidity depth of RWA assets and efficiently bridge the full potential of traditional finance (TradFi) and RWA financialization (RWAFi). Currently, Rooster Protocol has achieved extensive ecosystem integration: • Asset side: Supports over 20 types of RWA tokens, including Nest's nALPHA and music copyright RECORD. • Lending platforms: Integrates native lending protocols of the Plume ecosystem, including Solera and Mystic. • Cross-chain interoperability: Seamlessly connects with leading cross-chain solutions such as Debridge, Enso, and Rhino.fi. • Leading DeFi applications: Attracts well-known DeFi projects like Origin Protocol and Midas to join, deploying their RWAFi strategies in the Plume ecosystem through Rooster. This launch marks a strategic step forward for the Plume ecosystem in building institutional-grade RWA liquidity and promoting large-scale RWAFi applications.
YZi Labs Backs OneKey in $150M Crypto Security Push
YZi Labs led OneKey’s $150M Series B to boost global crypto self-custody and wallet security. The funds will support new hardware, threat detection upgrades, and global market expansion. OneKey offers open-source hardware wallets that help users self-custody assets and avoid risks. YZi Labs has announced a major investment in OneKey, a leading open-source hardware wallet provider. The $150 million Series B round aims to strengthen crypto asset protection, improve threat detection, and expand global access to self-custody. Founded in 2019, OneKey specializes in providing affordable security tools for crypto users worldwide. The company allows users to use open-source wallets, which are backed by on-chain security measures. They are designed to protect users against errors in transaction decoding and security problems with online storage. OneKey has grown steadily across China, Japan, South Korea, Dubai, and Italy. Its user base and wallet sales have seen sharp growth, with secured asset value increasing 11 times in the past three years. The company’s interface supports multiple languages and is widely recognized in Asia, Australia, Brazil, and parts of Europe. Its recent Earn module, based on USDC, attracted $62 million in subscriptions shortly after its release. This signaled strong demand from high-net-worth users. CEO Yishi Wang said OneKey’s goal is to build an on-chain private wealth platform. He also hinted at plans for yield products and structured asset tools. The new funding will be allocated toward developing advanced hardware and enhancing contract analysis and threat detection systems. The approach will play a role in increasing the number of OneKey users in the U.S., Europe, and emerging markets. Wang added that the aim is to make the stack safe and transparent for long-term crypto adoption. He emphasized the need for open tools and wide access to self-custody. The OneKey Anzen lab plays a key role in the company’s roadmap. Its team researches security flaws by testing and breaking wallet hardware. This helps strengthen product design before market rollout. Related: YZi Labs Invests in Plume to Boost Real-World Asset Network OneKey’s leadership includes talent from companies like ByteDance, DJI, and OPPO. These experienced developers are now focused on security and the adoption of decentralized wallets. Investment Director Nicola Wang of YZi Labs praised OneKey’s focus on detail, transparency and product quality. She said the team impressed investors with its community-first approach and long-term vision. YZi Labs manages more than $10 billion worth of assets. It has executed more than 300 projects in 25 different countries. OneKey will utilize the investment to further its open-source mission and provide institutional-grade security to all crypto holders. The post YZi Labs Backs OneKey in $150M Crypto Security Push appeared first on Cryptotale.
Plume launches Genesis mainnet for DeFi-enabled real world assets
Plume Network launched its mainnet, bringing all the functionality of DeFi to real-world assets. The mainnet launch follows an Alpha phase that saw over $150 million in real-world asset capital deployed on-chain, according to the company. Plume is bridging DeFi and RWAs. On June 5, Plume Network announced the debut of its Plume Genesis mainnet, a dedicated RWAfi blockchain built to enable DeFi composability with tokenized real-world assets. According to the project, the network will allow RWAs to interact seamlessly with DeFi protocols. According to the project, the network will allow RWAs to interact seamlessly with DeFi protocols. Plume says over 200 projects are building on the network, including Morpho, Curve, Matrixdock, and others. “RWAfi reimagines real world assets as composable, yield-bearing primitives that behave like crypto,” commented Chris Yin, co-founder and CEO of Plume. “By introducing new DeFi use cases to institutional-grade assets, we’re making RWAs as easy to use as any other crypto asset.” Plume’s flagship protocol Nest demonstrates how users can stake stablecoins into institutional-backed vaults and receive yield-bearing RWA tokens in return. Nest is an on-chain protocol that lets users permissionlessly stake stablecoins. In return, users receive yield-bearing RWAs, which can then be used as collateral to borrow additional stablecoins. The Plume mainnet will also support yield-bearing RWAfi assets, reward mechanisms, and various other DeFi incentives. Additionally, Plume announced plans to introduce alternative asset classes to the platform, including fine art, precious metals, trading cards, and even uranium. Clarified regulatory context driving launch timing According to Plume co-founder and CBO Teddy Pornprinya, the timing of the launch reflects improving regulatory clarity around tokenized assets. The goal is to provide these assets with the same DeFi functionality available to native crypto assets, enabling users to lend, stake, or farm RWAs on-chain. “With global regulatory headwinds for crypto ceasing, for the first time, institutions can safely access tangible yield-bearing assets at scale. As these assets become a key focal point for regulators, we’re building the infrastructure to make them a bridge to mainstream adoption,” Teddy Pornprinya, Plume. Plume also stated that it is actively engaging with policymakers in the U.S. and internationally to support regulatory alignment. The company noted meetings with the U.S. Department of the Treasury, the Securities and Exchange Commission, as well as regulatory officials in Europe and the United Arab Emirates.
Plume Network's mainnet launches with $150 million in real-world assets deployed
Plume Network, the RWA tokenization startup backed by Haun Ventures and Apollo Global, said Thursday its mainnet is launching with $150 million in real-world assets onchain, the company said. The project is hoping to carve out a position among the top firms leaning into tokenization, including Securitize, Tradable, and Ondo, and diversify the growing RWA sector. The total RWA market is currently sized at over $23 billion , according to RWA.xyz. So far, private credit, U.S. Treasurys, and commodities appear to be the most popular traditional assets moving onchain. Plume aims to bring billions of dollars of RWAs onchain including assets as diverse as solar farms, Medicaid claims, mineral rights, consumer credit, corporate debt, and more. "RWAfi reimagines real world assets as composable, yield-bearing primitives that behave like crypto," Plume co-founder and CEO Chris Yin said in a statement. "By introducing new DeFi use cases to institutional-grade assets, we’re making RWAs as easy to use as any other crypto asset." Plume is a modular, Ethereum Virtual Machine (EVM)-compatible Layer 2 network. The protocol supports "institutional-backed vaults" called Nest vaults that enable users to permissionlessly stake stablecoins and "establish positions in fully liquid and rigorously audited global assets," the team noted. By staking assets in Nest vaults, users receive yield-bearing, composable RWA tokens that can be further collateralized on lending protocols or used to borrow additional revenue-generating stablecoins — a process known as "looping." A company spokesperson told The Block that Plume's testnet had roughly 280 million transactions over eight weeks. Apollo Global invests Plume raised $10 million in a seed funding round led by Haun Ventures and a $20 million Series A with participation from Brevan Howard and Galaxy. In April, alternative asset manager Apollo Global made a "seven-figure" strategic investment in Plume. YZi Labs, the family office spun out of Binance's venture unit, has also backed the startup. "The ecosystem includes a large constellation of RWAfi-native and blue-chip DeFi applications including Morpho, Curve, Orderly, Matrixdock, Lorenzo, Rooster, Solera, and Mystic, among others," according to a statement. In February, Plume partnered with Latin American trading platform Mercado Bitcoin to tokenize $40 million worth of Brazilian assets.
PLUME Holders Continue to Dump Tokens After Co-Founder’s Death
In a sad occurrence, Eugene Shen, co-founder of the RWA project Plume, reportedly passed away this week. However, this announcement prompted a major PLUME token dump, splitting the community with acrimonious accusations. Some skeptics wondered if Plume was a scam or if this death announcement was some sort of hoax. Others deplored these accusations and token dumps, professing support for the company. Regardless, it has been a bizarre market reaction to an unfortunate, tragic event. Massive PLUME Token Dumps Plume, an RWA onboarding blockchain firm, has attracted considerable attention since YZi Labs invested in it this March. Over the last week, the company’s PLUME asset fell by 18%, and users began reporting a token dump today. The firm announced the death of Plume co-founder Eugene Shen, presumably establishing a reason for this price action: It is with heavy hearts that we share the news of a tragic loss within our company. Earlier this week, we lost our cofounder and dear friend, Eugene. We’re in shock. Eugene was brilliant, deeply curious, and brought so much talent and heart to everything he did. Our thoughts are… — Plume – RWAfi Chain (@plumenetwork) May 29, 2025 Plume’s announcement didn’t specify a date or cause of Shen’s death, only that it took place last week. Still, this immediately clarified the PLUME token dump for some users, many of whom strongly condemned investors’ behavior. Although PLUME had already been falling for several days, it experienced an additional 7.4% crash and a 145% increase in trading volume today. Presumably, Shen’s death caused today’s price actions. PLUME Trading Volume and Price Performance. Source: CoinMarketCap However, alternate narratives also began circulating, even if they remained a minority position. Why did the price drop begin days ago? It appears that several token holders are calling PLUME a scam token and the co-founder’s death a hoax. Yet, these claims have no evidence and show a rather unsettling display of public empathy. Sad story:Bought $Plume 5 months ago at $0.13 with a 2B circulating supply Didn’t sell at x2 ATHNow it’s dipping hard after a 433M token unlock and the death of a team member—right before mainnet launchTime to exit before they announce the death of @chriseyin or @teddyP_xyz https://t.co/qIGIqrhHch pic.twitter.com/kQcY6r7xki — Gainz (@0x03soL) May 29, 2025 Even if this was not a popular position, this jarring cynicism still shocked the crypto community. Sure, crypto scams are rampant right now, but would PLUME really fake someone’s death to dump tokens? Defenders immediately began noting all Plume’s major investors, claiming that the company has a clear history and market presence. This bizarre incident only highlights a rather hidden ugliness in the crypto community. Perhaps MANTRA’s fall damaged investor confidence for the entire RWA market, or maybe users are just growing tired of scams. It’s bad enough that PLUME users dumped their tokens after a team member’s death, but it’s far more concerning that some people think it’s all a scam.
Plume Co-Founder Eugene’s Sudden Passing Announced
Key Takeaways: Main event, leadership changes, market impact, financial shifts, or expert insights. Eugene’s passing prompts Plume team commitment. No immediate market fluctuation reported. Plume Co-Founder Eugene’s Sudden Passing Announced Eugene, a co-founder of the decentralized blockchain protocol Plume, tragically passed away earlier this week. The announcement was made via Binance Square , where the Plume team promised to uphold Eugene’s vision for their innovative project. Plume’s declaration about Eugene’s passing emphasizes the importance of continuity in leadership. The team’s commitment to his vision is significant for maintaining community confidence and project stability. The Plume team reported Eugene’s passing on Binance Square, underlining their resolve to carry on his objectives. Eugene played a pivotal role in co-founding Plume, and the team is now tasked with maintaining the project’s direction. “The surviving Plume team committed to carrying forward Eugene’s vision for the project.” – Plume Team, Official Communication, Binance Square While Eugene’s death is a profound loss for the leadership, no immediate market impact from the event was detailed in primary sources. The Plume project operates within a wider cryptocurrency ecosystem, where stability is critical. Though no regulatory changes are noted, Eugene’s absence may pose challenges, particularly regarding strategic decision-making. Continuous monitoring of Plume’s progress through its official channels is advised. Future outcomes could see altered investment behaviors or project shifts due to the loss of a key leader. Specific changes remain unclear; ongoing assessments will be integral to understanding the broader implications for the blockchain community.
Plume Network Co-Founder Eugene Passed Away This Week
According to official news, Eugene, the co-founder of Plume Network, unfortunately passed away earlier this week. The Plume team stated that Eugene was a talented and inquisitive individual who dedicated a lot of effort to the project. The team is currently supporting each other through this difficult time. Plume expressed their commitment to continue advancing the technology Eugene was involved in developing, promoting innovation and development on the chain.
Decentralized AI Infrastructure Mira Releases Ecosystem Map, Covering Over 25 Partners in Six Key Areas
The decentralized AI verification network Mira recently released an ecosystem map, covering over 25 partners across six vertical fields. The map shows that open-source projects like Wikisentry and Kaito-Tok use Mira for content verification; Agent frameworks such as SendAI, Zerepy, and Arc integrate its API to provide reliability assurance for agents; it also includes protocol layer projects like Plume and Monad that access Mira's verification services for their network. Mira stated that these partners have either deployed its decentralized verification technology or provide underlying support for Mira's trust layer.
Galxe Initiates Starboard for Web3 User Incentives
Key Points: Launch of Galxe’s Starboard platform enhances Web3 engagement. Significant funding pool allocated for user incentives. Increased participation expected in Web3 space. Galxe Initiates Starboard for Web3 User Incentives Galxe has launched Starboard , a new Web3 user incentive platform, on May 28, 2025. The project involves over $5 million in funding from over 20 leading Web3 projects. The launch of the Starboard platform by Galxe represents a significant advancement in Web3 community infrastructure, with over $5 million allocated for rewards. Collaborative efforts from notable projects, such as Plume and 0G Labs, emphasize a focus on multi-chain integration. In launching Starboard, Galxe partners with key players like Plume, which allocated $450,000, and 0G Labs, contributing over $100,000. The initiative is aimed at strengthening Web3 user engagement through effective incentivization strategies. “Galxe is the driving force behind Starboard, its latest community-building and analytics tool designed to quantify and reward user-generated content and participation in Web3.” – Galxe Leadership, Galxe ( Source ) The market anticipates increased activity and staking within associated protocols. Historically, such platform launches result in heightened engagement and activity levels, impacting both the Web3 space and broader market sectors. This strategic launch highlights potential financial implications for involved tokens, including GAL, and reinforces the trend of innovative, user-centric projects. With the mainnet launch scheduled for Q4 2025, significant technological outcomes are anticipated. The ongoing development drives community participation and utilizes a robust funding pool to optimize user interaction within the Web3 ecosystem. Galxe’s Starboard initiative is expected to drive significant interaction levels. The focus on user-centric innovations could stimulate new growth across the crypto landscape, encouraging increased funding and collaborative projects.
SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups
Last week, the US Securities and Exchange Commission’s (SEC) Crypto Task Force intensified studies on how public blockchain technology can support the issuance and trading of tokenized securities. The group held separate meetings with Nasdaq, Plume Network, and Etherealize on how securities can be issued and traded on public blockchains. All three meetings resulted in the suggestion of the concept of a regulatory sandbox. Nasdaq presses for digital asset-friendly venues According to the log from a May 21 meeting, Nasdaq executives urged the Task Force to let tokenized shares, bonds, and exchange-traded funds (ETFs) remain subject to existing registration rules. Additionally, they asked for authorization for a new “ATS-Digital” venue where firms can list digital asset investment contracts alongside commodity-style tokens. The exchange operator also asked regulators to create a joint safe harbor with the Commodity Futures Trading Commission (CFTC) for assets whose status is uncertain. This idea, often called a “regulatory sandbox,” would allow issuers to self-certify classifications while meeting light-touch disclosure standards. In April, SEC Commissioner Mark Uyeda signaled support for such an effort. Nasdaq added that tokenization should not weaken national market system protections and that any move toward atomic settlement must balance liquidity and operational risk. Plume advocates a sandbox for on-chain markets Arbitrum-based Plume Network told the SEC at a May 22 meeting that permissionless blockchains are best suited for real-world asset tokenization. Furthermore, they proposed a regulatory sandbox covering the 1933 Securities and 1934 Exchange Acts. The company’s agenda calls for safe harbor relief that explicitly factors in decentralized finance mechanics and “credible neutrality,” plus tools to calibrate rules across primary offerings and on-chain secondary trading. In their brief meeting log, Plume also sought guidance on tokenizing US and non-US equities subject to the Regulation National Market System and other regimes. Etherealize seeks overhaul of transfer agent rules Etherealize and policy firm MetaLeX focused on back-office infrastructure, telling the Task Force that legacy transfer agent regulations force issuers to keep parallel off-chain ledgers and negate blockchain efficiencies. A transfer agent is a financial institution acting as a record-keeper for a company’s shareholders. Their proposal asks the SEC to recognize suitably secure blockchains as authoritative share registers, exempt issuers using decentralized tokenization protocols from transfer agent registration, and create a fast lane for agents specializing in tokenized securities. They also urged a pilot to test smart contract equivalents for corporate actions such as dividend distribution and shareholder voting. Converging themes Across the meetings, industry participants pressed for clear taxonomy, modular rulebooks, and phased pilots. Furthermore, each called for technology-specific tweaks, but none challenged the SEC’s core investor-protection mandate. The Task Force staff took the materials under advisement, indicating that future rule proposals could weigh sandbox models, dedicated trading venues, and updated transfer agent obligations. The post SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups appeared first on CryptoSlate.
Plume Network meets with the US SEC, proposes establishing a DeFi sandbox and formulating new rules for tokenized securities
According to Cointelegraph, Plume Network met with the U.S. Securities and Exchange Commission (SEC) to propose the establishment of a DeFi sandbox and the formulation of new rules for tokenized securities.
TOKEN2049 In Dubai: Credefi's DeFi Is Booming And It's Just The Beginning
In a world where DeFi still has to prove itself, Credefi emerges at the right time. Its mission? To offer useful finance, anchored in the real economy. At TOKEN2049, the global Web3 summit, the team connected investors and tangible assets. Their model, based on European SMEs, combines security and yield. Away from the noise, Credefi moves forward methodically. And this is just the beginning. While Europe is its foundation, the United States will be its next conquest, with a discreet but solid strategy. The direction is clear. The pace, perfectly controlled. In brief Real finance: Credefi connects SMEs and lenders through guaranteed loans, combining yield and security. TOKEN2049 visibility: Noteworthy presence in Dubai, validating its RWA model. Heading to the USA: Expansion planned in June with a controlled strategy. Credefi: Real Finance at the Service of DeFi Credefi is not a marketing promise; it is a tokenized reality. Its mission: to offer SMEs access to credit without the banking burdens, while guaranteeing security and yield to lenders. Thanks to a “lend & protect” model, the platform combines loans secured by tangible assets with rigorous borrower scoring. It is regulated in Europe, which reassures institutional and retail investors. The protocol shows a TVL of over 50 million dollars. More than 50 companies have already been financed. For lenders, this means real, traceable, and stable returns. For SMEs, it means access to faster, more agile financing without banking friction. Credefi thus positions itself as the bridge between TradFi and DeFi , with no compromise on transparency. At a time when real assets are gaining visibility in crypto, the platform stands out as a structuring player. TOKEN2049: Global Validation for Credefi TOKEN2049 in Dubai is more than an expo. It is the meeting place for decision-makers in crypto, Web3, and traditional finance. Credefi found a natural echo there. By participating in panels on real-world assets, the project gained visibility with a strategic audience. Its clear proposition won over many: to make DeFi useful and accessible through familiar but reinvented instruments. In a still volatile sector, Credefi stood out for its stability, regulation, and concrete anchoring. The event validated its trajectory. The team successfully transformed its presence into trust capital. Such recognition, in an ecosystem as scrutinized as that of real-world assets, speaks louder than a thousand words. Four Intense Days, Four Decisive Moments During TOKEN2049, Credefi didn’t just occupy space: it conquered it. Each day was a building block for constructing lasting bridges between RWA and Web3. April 29 — RWA Unwind & DWF Labs Event Targeted pitches, meetings with strategic funds. Credefi presented its vision to key players. Early discussions promise high-value partnerships. April 30 — TOKEN2049 & RWAI-Fi Summit Active participation in panels on the future of tokenized assets. Credefi defended the idea that DeFi cannot survive without real anchoring. Its model inspires. May 1 — Yacht2049 Far from conference rooms, Credefi discussed strategy and decentralized payments with Plume Network. The informal environment fostered deep exchanges. May 2 — XDC Tokenization Demo Day Alongside Tokeny, Polytrade, and Nomyx, Credefi impressed VCs and funds. Its clear and convincing demonstration strengthened its credibility in the RWA arena . And now? Heading to the United States Dubai was a milestone. America is coming. Credefi is preparing its next appearance, ambitious but without fanfare. Its strategy remains consistent: to build slowly, solidly, cultivating the right networks. As the team playfully expressed: If we can be a bit secretive, we can say that the team will travel to the United States in June for a very special event. This teaser announces an acceleration. The United States, a welcoming land for emerging RWA, will be the perfect stage to consolidate new partnerships, reach new funds, and refine its governance. Credefi’s strategic discretion is also a form of maturity. CREDIUSDT chart by TradingView Join the RWA Revolution with Credefi Credefi has shown that it is possible to combine financial security and blockchain innovation. For those who believe in a DeFi anchored in the real world, now is the time to join the movement. Finance has never been so close to the real economy. The team moves forward, partnerships are formed, yields stabilize. The future will not be purely virtual. It will be hybrid, regulated, shared. So discover the Credefi app and join the community on X !
Filled orders
Delivery scenarios
