Umair
Plume is teaming up with Goldfinch to expand real-world asset finance by bringing several private credit funds onchain.
Plume, a layer 1 modular blockchain for real-world asset finance, says the partnership will see institutional investors access top private credit funds on Nest, its RWA staking platform. With Goldfinch, a leading platform for onchain private credit, the collaboration means an expansion of its institutional-grade offerings to Plume’s ecosystem.
Goldfinch and Plume are therefore eyeing an opportunity for sustainable yield to Nest users, with this available via Goldfinch Prime’s suite of private credit products. These products are from leading alternative asset managers such as Apollo, Golub, Aries and Stellus.
Collectively, these firms manage more than $1 trillion in assets.
Plume will bring yield from Goldfinch Prime, which uses specially-built rails to subscribe to funds that is then streamed onchain.
“This partnership shows how we can leverage Plume’s infrastructure to turn previously inaccessible investment opportunities into fully permissionless and composable assets,” said Teddy Pornprinya, co-founder and chief business officer of Plume.
According to the Pornprinya, the collaboration is not just about taking traditional finance products onchain. The goal is to democratize access, with blockchain technology helping to flip these into useful assets for crypto-natives.
For Nest users, Goldfinch’s partnership will improve its staking offering by infusing institutional-grade private credit. While traditionally, the private credit funds are restricted investment vehicles, Nest vaults turns them into permissionless and liquid assets, allowing any user on the Plume blockchain investment access.
Plume’s latest partnership adds to several in recent months, with all of these aimed at accelerating tokenization across the alternative asset market.
Apart from partnerships with Ondo Finance, Superstate and Music Protocol among others, Plume has recently netted a major strategic investment from YZi Labs. YZi Labs, formerly Binance Labs, and led by Changpeng ‘CZ’ Zhao, announced it had invested in Plume on March 17.
The L1 raised $20 million in a series A round in December 2024, backed by venture capital firm Brevan Howard Digital, Galaxy Ventures and Haun Ventures.
