Credbull and Plume jointly launch LiquidStone and $500 million RWA assets

Plume, a blockchain native to RWAFi's encryption, announced today the expansion of its strategic partnership with Credbull, a Decentralized Finance platform that focuses on on-chain tokenization of real-world assets (RWA). The partnership aims to provide investors with opportunities to access the private credit market in a transparent and decentralized manner. As a significant development in the Decentralized Finance field, Credbull and Plume are pleased to launch LiquidStone, a customized liquidity and high-yield solution offered on the Plume Network. So far, the Plume Network has announced plans to tokenize real-world assets worth approximately $1.25 billion, providing opportunities for holders to earn profits in the process. The ultimate goal of the Plume Network is to tokenize assets worth $3 billion.

After announcing the plan to integrate high-quality assets into the Plume ecosystem for the first time in May, the cooperation between Credbull, Plume, and Centrifuge has now been upgraded, including significant financial business expansion and a series of new products.

Credbull launched this expansion with a $100 million asset base. LiquidStone will launch a 30-day 10% annualized product with daily redemption of assets and returns. Subsequently, the company will launch broader products in the first quarter of 2025, such as a 90-day 15% annualized product with monthly distribution of returns, ultimately expanding the asset base to $500 million. LiquidStone's underlying asset structure is diversified, covering on-chain high-quality Liquidity assets (HQLA), on-chain mortgage lending, and high-yield financing solutions underwritten by leading SME entrepreneurs.

In addition to the highly competitive and risk-controlled high-yield and Liquidity functions, Credbull also provides unique rewards tailored for Plume's RWAfi ecosystem. These rewards will be targeted at institutional users and retail investors, further enhancing the investment opportunities on Plume.

Credbull CEO Jason Dehni said, "We are excited to deepen our partnership with Plume. This expansion demonstrates our commitment to bringing innovation and high-quality private credit products to the Decentralized Finance space. By leveraging Plume's network and its innovative approach to RWAfi, we can provide more efficient and accessible on-chain structured financing solutions."

Chris Yin, CEO of Plume Network, said, "The design of Plume is to promote the cooperation between RWAfi and the real-world asset industry. Our goal is to simplify the on-chain process and enhance the liquidity of all real-world assets. By partnering with Credbull, a highly regarded on-chain private credit platform, we are further advancing our mission to drive innovation and efficiency in the Decentralized Finance field, while promoting wider adoption of on-chain funds through Centrifuge."

Plume Network is known for its advanced tokenization solution and seamless integration, and it will be the exclusive launch venue for Credbull's on-chain fund new product, promoting RWAfi's innovation and financial inclusivity.