Plume Network and Goldfinch have announced a collaboration to expand access to private credit products via blockchain. This partnership aims to integrate real asset investments into the decentralized financial ecosystem.
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 staking platform enables users to interact with and earn yield from real-world assets in a fully composable and EVM-compatible environment. Plume’s ecosystem is rapidly expanding, supporting over 180 protocols with a $25 million RWAfi Ecosystem Fund aimed at supporting early-stage projects.
The Power of Goldfinch Prime
Goldfinch is a leading platform in the on-chain private credit space, known for its tokenization of private credit and offering institutional-grade investment products to users worldwide. Goldfinch Prime brings together the world's largest alternative asset managers, including Apollo, Ares, and Golub, collectively managing over $1 trillion in assets. This system simplifies access to high-quality private credit through a composite product made available via blockchain technology.
Plume and Goldfinch: Bringing Private Credit Onchain
The collaboration between Plume and Goldfinch enables users of Plume's Nest platform to access private credit funds through Goldfinch Prime. These products, offering yields of 10-12%, are available from some of the most respected names in the private credit industry. Investments are made possible in a liquid and decentralized environment, allowing participation from all users within the Plume ecosystem, regardless of their background or investment size.
The collaboration between Plume and Goldfinch is a significant step towards democratizing access to private credit via blockchain. This partnership aims to transform traditional finance by making investments more accessible to a broader audience through tokenization and the elimination of intermediaries.
