Plume and Goldfinch are teaming up to bring private credit funds onchain, providing institutional investors access through the Nest platform.
Partnership and Its Aim
Plume, a layer 1 blockchain for real-world asset finance, announced a partnership with Goldfinch, a leading platform for onchain private credit. The partnership will allow institutional investors to access top private credit funds on the Nest platform designed for RWA staking. The collaboration aims to offer sustainable yield via Goldfinch Prime's private credit products.
Contributions and Expected Outcomes
Private credit products will be provided by leading managers such as Apollo, Golub, Aries, and Stellus, collectively managing over $1 trillion. Plume will deliver yield through Goldfinch Prime credits streamed onchain via bespoke rails. Teddy Pornprinya, co-founder and Chief Business Officer of Plume, remarked that the partnership showcases how Plume's infrastructure can turn previously inaccessible investments into fully composable assets.
The Future of Asset Tokenization
For Nest users, the partnership with Goldfinch enhances staking offerings by embedding institutional-grade private credit. Traditionally restricted investment vehicles, these private credit funds become liquid and accessible through Nest vaults, opening investment opportunities to any user on Plume's blockchain. Plume's recent partnership is part of efforts aimed at accelerating asset tokenization across the alternative asset market.
The partnership between Plume and Goldfinch paves the way for new horizons in asset tokenization, making investments more accessible to broader audiences through blockchain technologies.