Built to Open Institutional Assets. Trusted by Apollo, WisdomTree, DTCC, and more
Joined October 2023
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Open Finance is here.
Plume’s new look comes with the same conviction to bring the world's highest-quality assets onchain, open to institutions and investors everywhere.
We've built the distribution rails that tokenized assets need to scale. Now it’s time for Open Finance.
Plume Vaults now offers access to home equity yield from @Figure through nPRIME.
nPRIME holds @HastraFi's PRIME, which earns from Figure's Democratized Prime pool, where lender capital finances Figure-originated home equity lines of credit.
@ether_fi is already allocating. Open Finance is just one deposit away.
nPRIME, Plume’s newest Vault bringing yield from @Figure’s Democratized Prime’s home-equity pool onchain through @Hastra’s PRIME, has reached $10M in TVL in just over a week.
The growing vault will now include an allocation from @ether_fi, the onchain neobank for digital asset management with $6B+ in AUM.
nPRIME gives investors access to Hastra’s PRIME, a yield-bearing asset backed by loans from Figure's $30 billion home equity lending market. It brings an established private credit strategy into open, onchain infrastructure. Hastra is a DeFi protocol developed in partnership with Figure.
The growth of nPRIME reflects a broader shift across Plume Vaults, where institutional assets are moving beyond tokenization and into distribution, reaching capital across onchain markets.
With $1B+ in total assets minted, Plume Vaults are becoming a growing distribution layer for real-world assets.
Explore the nPRIME vault→ app.plume.org/vaults?utm_sou…
We know ABS at Plume. Receivables-backed credit spans consumer, MCA, factoring, and more.
Our nOPAL vault has grown from $0 to $120m in a year, fully backed by Brazilian consumer receivables.
Our newest product, FACTOR, brings direct lending onchain, fully backed by enterprise receivables originated to the vault.
Onchain markets bridge this gap with short duration receivable financing.
You can tokenize the $393 trillion global real estate market, but enforcing ownership is the hard part.
Securities solved that long ago. A share is a legal claim backed by registries and custodians, with pricing and redemption already defined.
Why securities are a natural fit for Open Finance rails: plume.org/blog/rwa-academy-w…
In onchain asset management, the word “vault” often describes several functionally distinct roles.
In September, Plume met with the SEC's Crypto Task Force and shared a framework defining four of these roles and how regulation should attach to each. 🧵
The term "vault" currently combines several distinct functional roles.
Our recommendation is that regulation should attach by function.
Specifically to the curator and vault token, as circumstances warrant.
Conversely, it shouldn’t attach to the neutral, immutable protocol layer or admin.
Read Plume’s full submission to the SEC here 👇
sec.gov/files/ctf-written-in…
A Treasury bill in a brokerage account simply pays a coupon.
Onchain, that same Treasury bill can serve as collateral, sit inside a strategy, or pair with other assets.
Learn how the same asset inherits different capabilities when put on Open Finance rails: plume.org/blog/rwa-academy-r…
nONYC packages reinsurance-backed yield from the $800B global reinsurance industry as a Plume Vault.
ONyc, built by @onrefinance, earns from reinsurance premiums, with added yield from the reserves backing it.
nONYC makes that yield deployable on @monad and other EVM ecosystems where open finance is rapidly expanding.
ONyc is coming to @Monad through nONYC.
Built by @onrefinance, ONyc gives onchain exposure to reinsurance-backed yield, with returns generated from underwriting premiums and collateral rather than crypto-native incentives.
Until now, ONyc has been available only on Solana. nONYC packages the asset through Plume Vaults, making it deployable across supported EVM networks and opening access to new sources of capital and liquidity.
With more than $225M deployed across Solana DeFi, ONyc has already established itself as a significant RWA onchain.
Now, it’s moving beyond its original ecosystem.
This is what RWA distribution looks like: taking institutional assets that already exist and making them accessible across the networks where capital is already moving.
nALPHA is officially shifting into hyperdrive with @hyperdrivedefi RWA Markets on @base.
Borrow against your nALPHA or lever up in one step, priced at NAV. When you exit, your debt clears instantly while the redemption settles in the background.
There are more ways than ever before to put your real-world assets to work onchain. 👇
Hyperdrive RWA Markets are here!
For lenders:
→ 50K USDC in incentives over 6 months to start
For RWA holders:
→ Loop/borrow at the highest LTVs
→ No AMM liquidation wicks
Assets include JAAA, SPXA and nALPHA across the @centrifuge, @plumenetwork, and @base ecosystems.
Transparent pricing is what makes RWAs usable across DeFi.
When a vault's NAV lives onchain, anyone can verify the value of the assets behind it in real time, making Open Finance more accessible and trustworthy.
@redstone_defi now pushes NAV onchain for six Plume vaults on Ethereum, live on @pendle_fi and @MorphoLabs.
Six @plumenetwork Nest vault feeds are live on Ethereum.
RedStone now pushes NAV onchain for nOPAL, nALPHA, nBASIS, nFALCON, nONRE and FACTOR
Live on @pendle_fi and @MorphoLabs.
TOKEN2049 is a wrap, and the Plume team brought the best of Open Finance to Singapore.
The team connected with partners at the main conference, spoke alongside the leading voices in onchain finance, and demonstrated why Plume Vaults has attracted over $250M in RWA TVL and minted over $1B+ in assets 👇
Across the week, Plume CEO @chriseyin and the team gathered on-the-ground insights into the state of open finance.
Platforms want steady, real-world yield with clear structures and fast exits. And the next wave of demand is RWAs that work as collateral, not assets that sit still.
Thank you to everyone who met with the team in Singapore.
From curating rooms with the biggest names in open finance to engaging with the SEC, Plume is leading the charge toward open finance with $1B+ in total assets minted and $250M+ in RWA TVL.
Explore that leadership through Plume Vaults: app.plume.org/vaults?utm_sou…
Private credit is a $3.5T market and is growing quickly.
The FALX Structured Credit Facility gives you exposure through overcollateralized loans on @FalconXGlobal.
Borrow stablecoins against it on the @AerieCapital curated @Morpho market, and never stop earning → app.plume.org/loop?utm_sourc…