Plume Network and Goldfinch have partnered to launch private credit funds on blockchain, expanding access to investment products for a wider audience.
What Is Plume Network?
Plume is a Layer 1 modular blockchain specifically designed 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 platform enables users to interact with and earn yield from real-world assets in a composable and EVM-compatible environment. The Plume ecosystem is expanding rapidly, with over 180 protocols building on the network and a $25 million RWAfi Ecosystem Fund supporting early-stage projects.
The Power of Goldfinch Prime
Goldfinch is a leading platform in the on-chain private credit space, enabling the tokenization of private credit and offering institutional-grade investment products. Goldfinch Prime brings together some of the world's largest alternative asset managers, simplifying access to high-quality private credit through tokenized offerings. This allows users to stream yields from private credit funds on-chain, creating new investment opportunities.
Plume and Goldfinch: Bringing Private Credit Onchain
The collaboration between Plume and Goldfinch enables users of the Nest platform to access private credit funds through Goldfinch Prime. These products, offering sustainable yields between 10-12%, are available in a liquid and permissionless manner. This broadens participation opportunities for users in the Plume network, regardless of their background or investment size. The partnership strengthens Plume's staking protocol and expands the RWAfi ecosystem, while providing Goldfinch with a wider audience.
Bringing private credit funds on-chain through the partnership of Plume and Goldfinch marks a significant step in democratizing finance. Innovations in tokenization provide greater investment accessibility, transforming traditional finance through blockchain technologies.