TechFlow news: WOO X has announced a strategic partnership with Plume, a modular EVM L2 blockchain, through the WOO Innovation Hub, aiming to streamline real-world asset (RWA) project deployment and enhance liquidity via asset tokenization and compliance solutions.
On July 22, 2024, WOO X launched its upgraded RWA Earn Vaults, introducing Flexible Vaults. Users can now earn interest backed by U.S. Treasury bonds using USDC, with interest calculated in real time, compounded daily, and allowing instant withdrawal of both USDC and accumulated interest at any time without penalties—offering significantly higher liquidity compared to traditional financial products.
Chris Yin, CEO of Plume, stated that the collaboration will jointly simplify the process of tokenizing real-world assets and lay the foundation for next-generation finance.
Abby Huang, Head of WOO Innovation Hub, said this partnership will pave the way for more efficient and user-friendly decentralized solutions.
