TechFlow News, December 18 — According to Fortune, tokenization startup Plume has raised $20 million in a funding round led by Brevan Howard Digital, Haun Ventures, Lightspeed Faction, and Galaxy Ventures. With this round, Plume's total funding reaches $30 million. The company is building the first real-world asset finance ecosystem (RWAfi), enabling tokenization of diverse assets ranging from Pokémon cards to oil reserves.
Plume CEO Chris Yin said that 180 projects are already developing on its network, including decentralized private credit platform Credbull. The blockchain is set to open to users in early 2025, offering features such as access to asset yields, verification for physical collectibles trading, and asset price forecasting based on real-time data. The funds will be used to expand outreach from crypto-native users to traditional financial institutions and enhance developer customization capabilities.
