TL;DR
- Idea: Plume is a modular EVM-compatible Layer-1 blockchain purpose-built for real-world asset finance, enabling tokenization and seamless DeFi integration of RWAs.
- Catalyst: Recent listing on Binance and strong institutional partnerships have driven rapid TVL growth and ecosystem adoption.
- Risks: Regulatory uncertainties in RWA markets and significant competition from other L1/L2 protocols may hinder adoption and valuation.
- Score: 8.00/ 10
Coin
- Name/ Ticker: Plume (PLUME)
- Segment: RWAfi
- Status: Active
- Price: $0.110700
Key Metrics
- Market Cap: $293 435 683
- FDV: $1 107 304 463
- Circulating Supply: 2 650 000 000
- Total Supply: 10 000 000 000
Sources
Technology
- USP: First modular, composable RWA-centric blockchain with native compliance and an integrated tokenization engine.
- Core Technology: Modular L1 chain employing proof-of-representation consensus, with Plume Arc tokenization engine, built-in AML/KYC compliance, and SkyLink omnichain yield distribution.
Roadmap
- 2025-06-05: Genesis mainnet launch with $150M RWAs onboarded
- 2025-06-19: New York City headquarters established
- 2025-06-24: Genesis validator cohort announced
- 2025-07-01: Partnership with World Liberty Financial for USD1 reserve asset
- 2025-07-17: Partnership with Colb Finance to tokenize pre-IPO equities
- 2025-07-22: Integration with DIA oracle and launch of developer grant program
- 2025-07-23: Integration with Bungee for gasless, cross-chain RWA transfers
Team & Investors
Team
- CEO β Chris Yin: Principal at Scale Venture Partners; VP of Product at Rainforest QA; Director of Product at Coupa Software
- CBO β Teddy Pornprinya: BD Lead at Binance; Head of BD at Swim Protocol; Investor at Coinbase Ventures
- CTO β Eugene Shen: Senior Software Engineer at dYdX; Software Engineer II at Robinhood Crypto
- Head of Marketing β Tiffany Lung: Marketing Lead at Binance; Community Lead at OFF; Senior Program Manager at Plug and Play
- BD Lead β Jason Meng: BD at LayerZero; Growth at Nansen; Customer Success at Hootsuite
- BD Lead β Ivy Kang: Strategy & Partnerships at Galaxy Digital; Alternative Investments at JP Morgan
- Community Manager β Victor HernΓ‘ndez: Community Manager at Binance; Community Manager at Bitso; Events & Community Manager at IronHack
Investors
- Haun Ventures β Seed β’ 2024-05-23 β’ $10.00M
- Galaxy Ventures β Seed β’ 2024-05-23 β’ $10.00M
- SV Angel β Seed β’ 2024-05-23 β’ $10.00M
- Superscrypt β Seed β’ 2024-05-23 β’ $10.00M
- A Capital β Seed β’ 2024-05-23 β’ $10.00M
- Brevan Howard Digital β Series A β’ 2024-12-18 β’ $20.00M
- Lightspeed Faction β Series A β’ 2024-12-18 β’ $20.00M
- HashKey β Series A β’ 2024-12-18 β’ $20.00M
- Laser Digital β Series A β’ 2024-12-18 β’ $20.00M
- 280 Capital β Series A β’ 2024-12-18 β’ $20.00M
- Reciprocal Ventures β Series A β’ 2024-12-18 β’ $20.00M
Total funding: $30.00M
Tokenomics
- Utility: Transaction fees, staking for network security, governance, and collateralization within RWA protocols.
- Next Unlock: (0.00% of circulating)
Pros & Cons
Strengths
- First-mover advantage in RWA tokenization
- Integrated compliance (KYC/AML) at protocol layer
- Strong institutional partnerships and investor backing
- Rapid TVL growth and ecosystem expansion
- Cross-chain interoperability via SkyLink
- EVM-compatible modular architecture
- Robust developer and compliance tooling
Weaknesses
- Regulatory uncertainty in real-world asset markets
- High fully diluted valuation relative to market cap
- Competition from other L1/L2 networks
- Complexity of onboarding traditional institutions
- Dependence on institutional asset issuers
- Token unlock schedule could pressure price
Market Signals (7d)
- TVL trend: up 48% per
- CEX volume trend: increasing
- Active addresses trend: increasing
Price Scenarios (target: 2026-02-21)
- Bear: $0.050000 β Assumes 50% decline from current price due to market downturn and regulatory headwinds
- Base: $0.120000 β Projects 10% price appreciation based on historical 6-month growth trends
- Bull: $0.200000 β Assumes 80% upside driven by accelerated RWA adoption and major exchange listings
How to Buy & Store
CEX
- Binance
- Coinbase
- KuCoin
- Gate.io
- Bybit
- BitMart
DEX
- Uniswap V3
- SushiSwap
- Balancer
- 1inch
- 0x Protocol
- PancakeSwap
Storage
- MetaMask
- Ledger Nano X
- Trust Wallet
- Coinbase Wallet
- Trezor
- SafePal
Verdict
Plume addresses a large market opportunity in real-world asset tokenization with robust technology and partnerships, but faces regulatory and competitive challenges that may impact near-term valuation.
Official Links
Source: Coin Research (internal)
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