RWAfi Endgame Simulation: From Asset Onboarding to Liquidity Reconstruction, the RWA "Superlinear Growth Function" Behind Plume

Written by: Web3 Farmer Frank

In the next 10 years, will the RWA narrative gradually step into the "Kingdom of Freedom"?

From the data perspective, the current total market size of RWA exceeds $15 billion, while BlackRock predicts a potential growth space of over 700 times in the next 7 years. This is an incremental cake worth at least hundreds of billions of dollars. The only question is, who will take up the banner and become the "singularity" that ignites this epic transformation.

Over the past decade, the entire crypto industry has experienced every key point from the disconnection to the integration of traditional finance and DeFi, witnessing Wall Street and mainstream TradFi players gradually incorporating keywords like "tokenization" into their financial reports and heavily betting on RWA. Everyone is increasingly aware of a powerful trend: the ultimate battleground for RWA is not at the protocol layer, but at the infrastructure layer.

Objectively speaking, what RWA needs is not merely to "move" assets on-chain, but to reconstruct liquidity to unleash its true value potential. This is why RWAfi will be the ultimate battleground for the RWA narrative and how to redefine the future of Crypto+RWA through a "super-linear growth function."

Why is there a need for an "RWA Hub"?

To truly understand and unleash the potential of RWAfi, one must first clarify a concept: "RWA Hub."

As the RWAfi asset liquidity center actively advocated and built by Plume, the "RWA Hub" is not just a technical solution but the core engine of an ecosystem that determines whether RWA assets and applications can truly achieve exponential growth.

It is well known that when Wall Street investment banks began discussing RWA tokenization, they faced three major challenges: high compliance thresholds, fragmented liquidity, and a lack of developer tools. This also explains why many RWA projects fall asleep once they go on-chain; after all, moving RWA on-chain is merely the first step in tokenization and is far from unleashing its true potential:

To further realize the release of on-chain value, a more efficient underlying technical architecture, an open infrastructure toolkit, and a well-coordinated ecosystem are needed. This means the industry requires a complete service framework around the entire lifecycle of RWA assets, especially to safely and easily introduce RWA assets into diverse on-chain DeFi scenarios.

Only in this way can the existing dividend of traditional assets be completely transformed into incremental value on-chain. Taking real estate tokenization as an example, a property that goes on-chain should not just be a static NFT but should become a living cell of DeFi, such as automatically distributing rental income through smart contracts, enabling trustless collateralized lending, and completing fractional ownership transactions instantly.

However, this "asset empowerment" requires not just protocols but a complete set of public chain-level architectures that support liquidity and composability.

For this reason, Plume has launched a new approach targeting both RWA on-chain and mainstream Web2 institutions simultaneously through the "RWA Hub"—by deploying interoperability solutions like SkyLink across 18 blockchain networks including Solana, Movement, Injective, and Omni Network, providing them with permissionless access to institutional-level RWA yields.
In this process, Plume acts as a bridge connecting Web2 and Web3, not only bringing new users and capital inflows to Web3 but also opening up a new growth logic: partnering with financial giants that have massive user bases and traditional capital to directly help them bridge their billions of existing Web2 users and traditional capital into Web3 incremental users and Web3 "New Money."

Interestingly, Ondo has also recently announced plans to lay out an RWA public chain, which further validates the forward-looking nature of Plume's RWAfi public chain from another dimension. However, compared to Ondo's "WallStreet 2.0" route, one might find that Plume places more emphasis on the "Robinhood 2.0" concept—not just the inflow of institutional capital, but gradually guiding and attracting a broader range of institutional and retail users into the new financial ecosystem through the activation of underlying users.

According to publicly disclosed information, Plume has also partnered with Elixir to launch a new RWA institutional vault on Nest, connecting RWA assets from BlackRock (BUIDL) and Hamilton Lane (SCOPE), striving to expand from "RWAfi infrastructure" to the protocol layer where institutional-level assets are settled on-chain:

The current $28 million institutional vault that has gone live is just an experimental start—BlackRock's BUIDL scale has exceeded $460 million, while Hamilton Lane manages private equity assets totaling $119 billion. Plume unlocks these assets into on-chain liquidity in forms like deUSD through the Elixir stablecoin gateway, essentially paving a gradual path for trillion-dollar RWA assets to go on-chain without impacting the existing compliance framework.

In this context, users holding certificates like BUIDL can participate in staking and earning within the Plume ecosystem, and can also use them as collateral to mint stablecoins in DeFi protocols, achieving a cycle of "settlement-activation-recreation," which is expected to evolve Plume's RWAfi vault from a custodial tool into an on-chain liquidity hub.

Essentially, this provides an excellent buffer for traditional financial giants to go on-chain, with its long-term value being exponentially released alongside the "trickle effect" of institutional assets going on-chain, making Plume a testing ground for the on-chain settlement of trillion-dollar RWA assets. Therefore, this is not just a technological upgrade but a transfer of financial discourse power:

When the assets of Wall Street giants gain new life on-chain through Plume, the boundaries between traditional and crypto will completely dissolve, and the ultimate significance of Plume for RWAfi far exceeds the current narrative framework:

It is not only a liquidity infrastructure for on-chain DeFi players and RWA tokenization but also a core pipeline capable of attracting new users and capital inflows into Web3, expanding the value of the RWAfi track to the entire Web3 world, allowing the on-chain ecosystem to achieve a qualitative change from both capital and traffic dimensions.

From Modular Toolbox to Community Resonance: Building the "Super-Linear Growth Function" of RWA

From the perspective of the technical framework, Plume has created a "ready-to-use" modular arsenal for developers—by integrating multiple modular key tools, it has built a complete solution for RWA asset on-chain:

• Arc - Tokenization Engine: Arc simplifies the tokenization process by integrating compliance workflows and reducing barriers for asset issuers, providing an effective way to bring RWA on-chain;
• Passport - Smart Wallet: Passport allows users to store contract code directly in their externally owned accounts (EOA), with this native feature supporting RWAFI composability, yield management, and advanced account abstraction functions;
• Nexus - Data Highway: Nexus uses cutting-edge technologies like zkTLS to securely integrate real-world data into the blockchain, enhancing the security and transparency of on-chain assets while unlocking new opportunity scenarios;

This is akin to embedding "compliance as a service" into the public chain's DNA—developers only need to focus on business innovation, while compliance, data, liquidity, and other tedious tasks are automatically handled by Plume's underlying infrastructure. It is this "developer-friendly" philosophy that has quickly attracted over 180 ecosystem projects to settle in, covering diverse scenarios from fund tokenization to RWA asset trading.
Additionally, many may have noticed that after the recent TGE, the initial circulation of the PLUME token was only 20%, primarily consisting of community airdrops and early supporter shares, while the remaining tokens will be gradually unlocked over at least the next 5 years.

This design serves both the long-term security of market participants and aligns with the strategic needs for building the on-chain RWAfi ecosystem. The reason is simple: by gradually unlocking tokens, token distribution is no longer a one-time reward but a continuous ecological incentive tool that can provide long-term incentives for ecosystem participants through staking, liquidity rewards, and governance rights.

This not only incentivizes existing users but also sends an invitation to more potential users and developers, attracting more quality projects and users to join, contributing to the construction of a long-term prosperous RWAfi ecosystem.

Some interpret this as a model of "airdrop as a co-building ticket," transforming users into co-builders of the ecosystem rather than mere passersby, breaking out of the traditional path of "mainnet launch → ecosystem subsidies → token issuance," turning TGE into an accelerator for ecosystem building.
A public chain is not just a pile of technology but a crystallization of community consensus. Plume has cultivated over 180 ecosystem projects and more than 3.75 million real users on the testnet over the past year, generating hundreds of millions of transactions, forming a moat that cannot be rapidly constructed.

To some extent, Plume has strategically positioned the community as its core competitiveness, building a decentralized ecosystem—unlike Ondo's traditional financial background and institution-led construction path, Plume relies on community power and user needs to drive the market, aiming to break down the barriers between traditional finance and DeFi, creating a market that does not solely depend on the capital inflow of large institutions, establishing a self-growing network effect.

Thus, the more than 180 ecosystem projects and over 3.75 million real users on the testnet have already proven that its community-driven model has lasting vitality. In fact, relying solely on institutional capital inflow cannot provide long-term momentum for RWAs going on-chain, as this remains a relatively closed model.

From this perspective, the ultimate fate of RWAfi is destined to belong to those who understand both Wall Street rules and the spirit of the crypto community, and the growth of RWAfi will lead everyone to witness a historic turning point: traditional giants like BlackRock will no longer stand by but will actively participate in building the on-chain ecosystem through Plume. The community users and ecosystem that Plume has previously accumulated will create a symbiotic network that the RWA protocol layer and other latecomer projects can never replicate.

In this model, the flow of assets and the formation of the market are driven by the "community," rather than merely institutional capital. This market mechanism based on community and user needs endows Plume with flexibility and sustainability that differs from traditional finance, enabling it to build a truly decentralized and vibrant financial ecosystem.

For this reason, Plume is not just a chain designed to meet institutional needs but a platform dedicated to breaking old rules and empowering every individual with the right to participate and make decisions. The future of RWAs going on-chain will no longer be solely "seller-driven," but a bidirectional flow and mutually reinforcing market.

Ultimate Scenario: Where are the Valuation Anchors for RWAfi and Plume?

People often discuss where the valuation anchors for RWAfi and Plume lie, and the answer may be singular: when $10 trillion of traditional assets begin to migrate on-chain, the existing valuation framework will be completely invalidated.

From a data perspective, there are some simple reference groups available:

• Just Hamilton Lane's $119 billion in private equity assets, if 5% goes on-chain through Plume, its on-chain settled value would exceed the actual TVL of all RWAfi projects;
• If BlackRock's prediction of a $10 trillion RWA market by 2030 comes true, even if it only occupies 0.1% of the gateway share, Plume's valuation will reach the $10 billion level; if it can reach 1%, Plume's valuation could even soar to hundreds of billions;

This essentially opens up the valuation ceiling for Plume as an infrastructure hub, especially given its potential for direct access to trillion-dollar traditional financial assets. Considering the potential market size of the RWAfi track, as the demand for traditional asset tokenization increases, the ecological value of RWAfi will be further released.

More importantly, we are witnessing a historic turning point: BlackRock's BUIDL fund is being converted into on-chain stablecoins through Plume's NEST vault, and traditional TradFi giants are beginning to evaluate Plume's compliance framework. This resonance between institutions and the community is constructing a "super-linear growth function" for RWAfi and Plume.

Thus, Plume's sharpest edge lies not in short-term prices but precisely in the subsequent technological and first-mover advantages of building the RWAfi ecosystem—Plume's modular tools lower the development threshold, attracting a large number of developers and institutional users.

Especially as the RWAfi ecosystem continues to expand, each new project will bring synergistic benefits to Plume's overall value network.

The winds rise at the end of the green rush; under the impetus of the RWAfi narrative, the most exciting growth story of RWA is just beginning.

As more and more RWA players follow in Plume's footsteps, it is not just a simple zero-sum competition but a signal of the rise of the RWA ecosystem. After all, the world of RWAfi does not need lone heroes but rather an irreplaceable hub—a core engine that can connect traditional finance with the on-chain ecosystem, carrying the flow of trillion-dollar assets.