Plume Network and Goldfinch have joined forces to provide access to private credit funds via blockchain. This partnership aims to broaden access to institutional-grade credit products for a wider audience.
What Is Plume Network?
Plume is a Layer 1 modular blockchain designed for Real-World Asset Finance (RWAfi). Plume's Nest platform allows users to interact with real-world assets and earn yield in a fully EVM-compatible environment. Over 180 protocols are being built on this network, supported by a $25 million fund.
The Power of Goldfinch Prime
Goldfinch is a leading platform for on-chain private credit tokenization. It brings together major asset managers like Apollo and Ares and allows users to earn yields from private credit funds in a blockchain setting.
Plume and Goldfinch: Bringing Private Credit Onchain
The collaboration between Plume and Goldfinch enables users of Plume's Nest to access private credit funds through Goldfinch Prime. These products offer yields between 10-12% and are available in a liquid and decentralized manner, making them accessible to a broader audience.
This collaboration marks a significant step in transforming private credit through blockchain. Plume and Goldfinch make these investments accessible to a wider range of users, democratizing the market.