RWA dedicated integrated modular blockchain Plume receives investment from Apollo Funds

ChainCatcher news, according to The Block, Plume, an integrated modular blockchain built for real-world assets (RWA), announced a strategic investment from a fund managed by alternative asset management company Apollo.

Plume is building an EVM-compatible environment and full-stack infrastructure to transform traditional financial instruments, carbon credits, GPUs, collectibles, and other alternative assets into composable digital assets, integrating them into its RWAfi ecosystem with novel utility. With this funding, Plume aims to accelerate the development of its modular blockchain infrastructure, designed to provide RWA on-chain services for cryptocurrency-native enterprises, traditional financial institutions, asset issuers, and more.