TechFlow news — Plume Network, a modular real-world asset finance (RWAfi) blockchain project, announced on September 18 its successful admission into the Tokenized Asset Coalition (TAC).
Plume Network stated it is committed to bringing over $300 million in assets on-chain and will continue collaborating with industry leaders to advance real-world asset tokenization, streamline regulatory processes, and drive innovation in decentralized finance. During its testnet phase, the project has already processed over $280 million in on-chain transactions, attracting participation from more than 18 million wallets.
It was reported that TAC selected 21 new members from over 175 applicants, including Plume Network, a16z, Arbitrum, Aptos, Galaxy Digital, WisdomTree, Axelar, and Hashnote. The coalition aims to bring over $1 trillion in assets on-chain and accelerate the adoption of public blockchains, asset tokenization, and institutional DeFi.
Previous report: Modular L2 network Plume Network raised $10 million in a seed round led by Haun Ventures.
