Plume Network and Goldfinch have joined forces to bring private credit funds onto blockchain, allowing crypto-native users access to investments previously reserved for wealthy investors.
Plume Network and Its Role in Real-World Asset Finance
Plume Network is a modular Layer 1 blockchain specifically designed for Real-World Asset Finance (RWAfi). Its 'Nest' platform enables users to interact with real-world assets and earn yields in a fully EVM-compatible environment. The network is rapidly expanding, encompassing over 180 protocols and a supporting ecosystem fund of $25 million.
The Power of Goldfinch Prime in Private Credit
Goldfinch, a pioneer in on-chain private credit, facilitates the tokenization of private credit, offering world-class investment products. Goldfinch Prime aggregates major alternative asset managers like Apollo and Ares, with over $1 trillion in assets. Goldfinch Prime delivers access to high-quality private credit in a tokenized form.
A New Partnership Phase: Bringing Private Credit Onchain
The collaboration between Plume and Goldfinch allows users of Plume's 'Nest' platform to access private credit funds via Goldfinch Prime. These products offer a stable 10-12% yield and are accessible in a liquid and permissionless manner.
The partnership between Plume and Goldfinch marks a significant step toward democratizing access to private credit, offering wider investment opportunity through innovative tokenization and blockchain technology.
