Plume Network Raises $10M to Expand Real-World Asset Blockchain
Plume Network Raises $10M in Seed Funding
Plume Network Raises $10M in Seed Funding
Key Highlights:
- Seed Funding: Plume Network, a provider of a modular EVM Layer-2 blockchain for real-world assets, raised $10 million in seed funding.
- Investors: Funding round led by Haun Ventures, with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures, and others.
- Expansion and Development: Funds will be used to expand operations and further develop Plume Network's blockchain ecosystem for real-world asset tokenization and investment.
Plume Network's Target Market
- Target Market: Plume Network focuses on providing a blockchain ecosystem for real-world assets (RWAs) and enabling asset tokenization and investment.
- Real-World Asset Projects: Companies and organizations looking to tokenize and offer investment opportunities for various real-world assets, including collectibles, alternative assets, synthetics, luxury goods, real estate, and more.
- DeFi and Liquidity Providers: Plume Network offers DeFi applications and access to high-quality buyers to increase liquidity for tokenized real-world assets.
What Plume Network Needs to Buy
- Technology Development: Investments in technology development to enhance the modular EVM Layer-2 blockchain and expand its capabilities for real-world asset tokenization and investment.
- Partnerships with Compliance Providers: Collaborations with compliance providers to ensure regulatory compliance for tokenized real-world assets.
- Marketing and Business Development: Resources for marketing and business development efforts to attract real-world asset projects and investors to the Plume Network ecosystem.