ChainCatcher news, RootData posted on X that the Plume Network project ranks first in RootData's Web3 hot projects leaderboard this week.Plume is a fully integrated modular chain focused on RWAfi. It has built the first modular, composable EVM-compatible chain with a focus on RWA. Plume is building a composable DeFi ecosystem around RWAfis, featuring an integrated end-to-end tokenization engine and a network of financial infrastructure partners for builders to plug and play.The highlights of the project are:Plume is the first and only modular Layer 1 blockchain focused on Real World Asset Finance (RwAfi).It has a strong ecosystem and asset backing.Supported by top investment institutions, Plume has raised $30 million, backed by well-known investors such as Haun Ventures, Brevan Howard, and Galaxy Digital.With technological and user advantages, the testnet already has over 3.75 million active users and 260 million on-chain transactions.

ChainCatcher message, Andrew Kang posted on X platform stating: "The RWA space has always been constrained by strict securities law restrictions. Under the Trump administration, I hope we can truly tokenize everything and make trading securities on-chain as simple as native crypto assets." He also expressed optimism about Plume and RWAfi.

ChainCatcher news, the full-stack modular Layer 1 blockchain platform Plume Network focused on Real World Asset Financing (RWAfi) announced the establishment of a $25 million RWAfi ecosystem fund to support the tokenization of real-world assets on its platform and early RWAfi projects. Galaxy Digital, Superscrypt, Reciprocal Ventures, Mechanism Capital, Hashkey, Selini, and Manifold provided funding for the fund.The fund aims to advance the tokenization of RWA and the market's DeFi solutions for real-world assets such as treasury, GPU, luxury goods, and private credit.

ChainCatcher news, RWAfi's L1 network Plume Network has reached a strategic partnership with Ondo Finance. This collaboration will expand RWAfi use cases by issuing Ondo's tokenized U.S. Treasury products on Plume Network, including Ondo Finance's U.S. Treasury-backed yield stablecoin USDY.