Plume Secures New Funding Round on April 8, 2025
According to media reports, Plume completed a new round of financing on April 8, 2025. The round was led by Apollo Global Management. To date, Plume’s total cumulative funding has reached $30 million.Plume is a fully integrated, modular blockchain focused on RWAfi (real-world asset finance). The project has developed the first modular and composable EVM-compatible chain dedicated to RWAs, aiming to streamline the on-chain onboarding of various asset classes and enable efficient capital access through native infrastructure and RWAfi-specific features. By integrating an end-to-end tokenization engine and a network of financial infrastructure partners, Plume is building a plug-and-play RWAfi ecosystem for developers.According to its development timeline, Plume raised $10 million in seed funding in May 2024, followed by a $20 million Series A in December 2024. In January 2025, Plume announced the establishment of a $25 million RWAfi ecosystem fund to drive ecosystem growth. The project’s token, PLUME, was officially listed for trading in January 2025 and has since been listed on several major exchanges. However, the project has also faced challenges, most notably the unfortunate passing of co-founder Eugene in May 2025.Against the backdrop of rapid growth in real-world asset tokenization, Plume’s innovative solutions are expected to deliver breakthrough advancements in the RWAfi sector and accelerate the deep integration of traditional assets with decentralized finance.
this-content
disclaimer-th