Plume Genesis officially launched on June 5, focusing on RWA finance with over $150 million secured through partnerships, despite a 7.6% decline in PLUME token value post-launch.
Plume Network has launched its Plume Genesis mainnet specializing in Real World Asset Finance (RWAfi), backed by over $150 million in operational capital from partnerships with Superstate, Blackstone, and Invesco. The platform facilitates the tokenization of real-world assets and integration with DeFi protocols, with more than 200 projects under development. Users can earn rewards through PLUME token staking and participate in airdrops, although the token price fell over 7.6% following the announcement.