Asset management firm Superstate has announced a partnership with Plume Network, aiming to expand real-world asset usage in the on-chain market.
Partnership for an Innovative RWA Market
On February 11, Plume Network announced a significant partnership with Superstate to advance the real-world on-chain asset market. Superstate will leverage the integration to expand its USTB and USCC funds, making Plume the first multi-chain partner for these funds and accelerating RWA adoption in the financial market.
Importance of Superstate and Plume Integration
Superstate will leverage Plume’s network to drive adoption of its tokenized assets, with chain-level compliance as a key component. Through this collaboration, crypto-native investors will gain access to Treasury bill yields and other yield-generating strategies, expanding DeFi’s footprint in traditional finance.
Development of New Strategies and Partnerships
Last December, Plume announced several partnerships, including with Google Cloud, Ondo Finance, and Chateau Capital, amid RWA expansion. These collaborations followed Plume’s $20 million Series A fundraising round in October.
The partnership between Superstate and Plume Network represents a significant step forward in the development of real-world asset use in the digital sector, opening new opportunities for investors and strengthening DeFi’s role in traditional finance.
