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Venture Capital News: Plume Network Scores $10M Seed Round

2024-05-23
SAN FRANCISCO, CA, Plume, the first modular EVM Layer-2 built to bring any real-world asset (RWA) on-chain, announces its $10 million seed round.
The round was led by Haun Ventures with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures, and others. Notable angels include founders and executives of leading projects such as Anthony Ramirez of Wormhole Labs, Calvin Liu of Eigenlayer, Zon of Initia, Andrew Kang of Mechanism, Jeff Feng & Jayendra Jog of Sei Network, Adam Lawrence of rwa.xyz, Austin King & Tyler Tarsi of Omni, and more.

Plume is the first modular EVM L2 blockchain dedicated for all real-world assets (RWAs) that integrates asset tokenization and compliance providers directly into the chain. Plume's mission is to simplify the convoluted processes of RWA project deployment and offer investors a blockchain ecosystem to cross-pollinate and invest in various RWAs. In addition, Plume enables RWA composability through its thriving DeFi applications and provides access to high-quality buyers to increase liquidity for all tokenized RWAs.
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