Plume, the crypto-native blockchain focused on RWAFi, today announced the expansion of its strategic partnership with Credbull, a DeFi platform focused on on-chain tokenization of real-world assets (RWA) through transparency and decentralization provides investors with access to private credit markets. In a major development in the DeFi space, Credbull and Plume are pleased to announce the launch of LiquidStone, a customized liquidity and high-yield solution available exclusively on the Plume Network. So far, Plume Network has announced plans to tokenize real-world assets with a total value of approximately $1.25 billion, and in the process provide holders with the opportunity to earn income. Plume Network hopes to “eventually” be worth $3 billion. Tokenization of U.S. dollar assets.
For the first time since MayAnnounceFollowing plans to integrate high-quality assets into the Plume ecosystem, the partnership between Credbull, Plume and Centrifuge has now been upgraded to include a significant financial expansion and a range of new products.
Credbull launches this expansion with $100 million in assets. LiquidStone will launch a 30-day 10% annualized product with daily redemptions of assets and earnings. The company will then launch broader products in the first quarter of 2025, such as a 90-day 15% annualized product with monthly distribution earnings, ultimately expanding the asset size to $500 million. LiquidStone’s underlying asset structure is diverse, covering on-chain high-quality liquid assets (HQLA), collateralized on-chain lending, and high-yield financing solutions underwritten by leading SME sponsors.
In addition to highly competitive risk-controlled high yields and liquidity features, Credbull offers unique rewards tailored specifically for Plume’s RWAfi ecosystem. These rewards will be available to institutional users and retail investors, further enhancing the attractiveness of investment opportunities on Plume.
Credbull CEO Jason Dehni said: “We are excited to deepen our cooperation with Plume. This expansion demonstrates our commitment to innovation and bringing high-quality private credit products to the DeFi space. By leveraging Plume’s network and its With RWAfi’s innovative approach, we are able to provide more efficient and accessible on-chain structured financing solutions.”
Chris Yin, CEO of Plume Network, said: “Plume was originally designed to promote cooperation between RWAfi and the real-world asset industry. Our goal is to simplify the on-chain process and enhance the liquidity of all real-world assets. By introducing high-quality, ready-to-use By partnering with Credbull, the sought-after on-chain private lender, we are furthering our mission to drive innovation and efficiency in the DeFi space while enabling broader adoption of on-chain funds through Centrifuge.”
Known for its advanced tokenization solutions and seamless integrations, Plume Network will be the exclusive launch venue for new Credbull on-chain fund products, driving RWAfi innovation and financial inclusion.
