Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy
Summary
Plume, a startup, has secured $10 million in funding to develop a layer-2 blockchain for real-world assets. The Ethereum-based blockchain aims to simplify the process of bringing off-chain assets onto blockchains, offering a comprehensive DeFi ecosystem for activities like earning yield, borrowing/lending, and trading with leverage. Plume's technology is based on Arbitrum Nitro, enabling quick transaction writing to Ethereum with low fees and interoperability with other chains in the Arbitrum Orbit ecosystem. The platform plans to open its testnet to the public within a month and has over 80 projects deploying real-world assets on its private test network.
