क्रेडबुल और प्लम ने लिक्विडस्टोन और $500 मिलियन RWA परिसंपत्तियों को लॉन्च किया, जिससे प्लम RWA परिसंपत्तियों का कुल मूल्य $1.25 बिल हो गया
Plume, the crypto-native blockchain focused on RWAFi, today announced the expansion of its strategic partnership with Credbull to jointly launch LiquidStone, a custom liquidity and high-yield solution exclusively on the Plume Network.
Credbull is a DeFi platform that focuses on tokenizing real-world assets (RWA) on the chain, aiming to provide investors with access to private credit markets in a transparent and decentralized manner. As a major development in the DeFi field, Credbull and Plume are pleased to announce the launch of LiquidStone, a customized liquidity and high-yield solution exclusively provided on Plume Network. So far, Plume Network has announced plans to tokenize real-world assets with a total value of approximately US$1.25 billion, and in the process provide holders with the opportunity to earn income. Plume Network hopes to eventually tokenize assets worth US$3 billion.
After first announcing plans in May to integrate premium assets into the Plume ecosystem, the Credbull, Plume and Centrifuge collaboration has now been upgraded to include a significant financial expansion and a range of new products.
Credbull is launching this expansion with $100 million in assets. LiquidStone will launch a 30-day 10% annualized product with daily redemption of assets and income. Subsequently, the company will launch a wider range of products in the first quarter of 2025, such as a 90-day 15% annualized product with monthly income distribution, and eventually expand the asset size to $500 million. LiquidStones underlying asset structure is diversified, covering on-chain high-quality liquid assets (HQLA), collateralized on-chain lending, and high-yield financing solutions underwritten by leading SME sponsors.
In addition to its highly competitive risk-controlled high yield and liquidity features, Credbull also offers unique rewards tailored for Plumes RWAfi ecosystem. These rewards will be available to both institutional and retail users, further enhancing the attractiveness of investment opportunities on Plume.
Jason Dehni, CEO of Credbull, said: “We are excited to deepen our partnership with Plume. This expansion demonstrates our commitment to bringing innovation and high-quality private credit products to the DeFi space. By leveraging Plume’s network and its innovative approach to RWAfi, we are able to provide more efficient and accessible on-chain structured finance solutions.”
Chris Yin, CEO of Plume Network, said: “Plume was designed from the ground up to facilitate the integration of RWAfi with the real-world asset industry. Our goal is to simplify the on-chain process and enhance liquidity for all real-world assets. By partnering with Credbull, who is introducing high-quality, highly sought-after on-chain private credit, we are furthering our mission to drive innovation and efficiency in the DeFi space while enabling broader adoption of on-chain funds through Centrifuge.”
Plume Network, known for its advanced tokenization solutions and seamless integration, will be the exclusive launch venue for Credbulls new on-chain fund product, driving innovation and financial inclusion for RWAfi. So far, Plume Network has announced plans to tokenize real-world assets with a total value of approximately $1.25 billion, and provide holders with the opportunity to earn returns in the process. Plume Network hopes to ultimately tokenize assets worth $3 billion.
This article is sourced from the internet: Credbull and Plume Launch LiquidStone and $500 Million in RWA Assets, Bringing Total Plume RWA Asset Value to $1.25 Billion
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