Plume Network and Goldfinch have announced a partnership focused on expanding access to private credit funds via blockchain.
What Is Plume Network?
Plume Network is a Layer 1 modular blockchain designed specifically for Real-World Asset Finance (RWAfi). It provides an ecosystem for integrating real-world assets into the world of decentralized finance (DeFi). Plume's 'Nest' staking platform allows users to interact with and earn yield from real-world assets in a fully composable and EVM-compatible environment, simplifying access to diverse asset types on-chain.
The Power of Goldfinch Prime
Goldfinch is a leading platform in the on-chain private credit space, known for tokenizing private credit and offering institutional-grade investment products worldwide. Goldfinch Prime brings together major alternative asset managers like Apollo, Ares, Golub, and Stellus, collectively managing over $1 trillion in assets.
Bringing Private Credit Onchain
The collaboration between Plume and Goldfinch allows users of Plume's Nest platform to access private credit funds through Goldfinch Prime. These products offer sustainable yields between 10-12% and are available from some of the most respected names in the private credit industry. For Plume, the deal strengthens its staking protocol by adding institutional-grade private credit to its offerings.
The partnership between Plume Network and Goldfinch is poised to make private credit accessible to a broader audience, enabling users to benefit from blockchain opportunities.