Plume announces investment from Apollo Funds to advance on-chain RWAfi

Odaily Planet News - Plume, a fully integrated modular blockchain built for Real World Assets (RWA), has announced strategic investment from alternative asset management company Apollo Funds, with the specific amount yet to be disclosed. Plume is constructing an EVM-compatible environment and full-stack infrastructure aimed at transforming traditional financial instruments, carbon credits, GPUs, collectibles, and other alternative assets into composable digital assets and integrating utility into its RWAfi ecosystem. The new funding is intended to accelerate the development of its modular blockchain infrastructure, with the goal of providing on-chain RWA services for crypto-native enterprises, traditional financial institutions, and asset issuers. (Blockworks)