🚀 Plume Network Joins Tokenized Asset Coalition
#PlumeNetwork #TokenizedAssetCoalition #TAC #tokenization #RWA #decentralizedfinance #publicblockchains #assettokenization #institutionalDeFi #testnet #blockchain
According to BlockBeats, on September 27, the RWA L2 network Plume Network announced its successful inclusion in the Tokenized Asset Coalition (TAC). Plume Network aims to facilitate the tokenization of over $3 billion in assets and will continue collaborating with industry leaders to enhance the tokenization of physical assets, streamline regulatory processes, and drive decentralized financial innovation. During its testnet phase, the project processed over $280 million in on-chain transactions, attracting participation from more than 18 million wallets.
TAC selected 21 new members from over 175 applicants, including Plume Network, a16z, Arbitrum, Aptos, Galaxy Digital, Wisdom Tree, Axelar, and Hashnote. The coalition's goal is to tokenize over $1 trillion in assets, promoting the adoption of public blockchains, asset tokenization, and institutional DeFi.
Previously, Plume Network completed a $10 million seed funding round led by Haun Ventures.#PlumeNetwork #TokenizedAssetCoalition #TAC #tokenization #RWA #decentralizedfinance #publicblockchains #assettokenization #institutionalDeFi #testnet #blockchain
🚀 Ripple and XRPL Developers Focus on Mainnet Upgrades for Financial Integration
#Ripple #XRPL #MainnetUpgrades #FinancialIntegration #DeFi #XRP #Blockchain #RegulatedFinance #InstitutionalDeFi #ScalableBlockchain
Ripple, along with developers of the XRP Ledger (XRPL), has announced recent upgrades to the mainnet and upcoming features aimed at enhancing XRPL's role in regulated, real-world financial applications. According to NS3.AI, these developments are focused on institutional decentralized finance (DeFi) use cases, with the goal of integrating XRP and XRPL more deeply into traditional financial systems. The initiative is designed to position XRPL as a compliant and scalable blockchain hub for future financial services.#Ripple #XRPL #MainnetUpgrades #FinancialIntegration #DeFi #XRP #Blockchain #RegulatedFinance #InstitutionalDeFi #ScalableBlockchain
🚀 CIMG and Bedrock Explore Institutional DeFi Solutions with BTC Liquid Staking Focus
#CIMG #Bedrock #DeFi #Bitcoin #liquidstaking #institutionalDeFi #collaboration #memorandumofunderstanding #NS3AI #partnership #BTC
CIMG has entered into a non-binding memorandum of understanding with Bedrock to investigate compliant institutional-grade decentralized finance (DeFi) solutions, with an initial focus on Bitcoin liquid staking. According to NS3.AI, the collaboration between the two entities is contingent upon further negotiations and formal agreements. The memorandum outlines the potential for cooperation, but emphasizes that any partnership will require additional discussions and formalization.#CIMG #Bedrock #DeFi #Bitcoin #liquidstaking #institutionalDeFi #collaboration #memorandumofunderstanding #NS3AI #partnership #BTC