Credbull and Plume Launch LiquidStone and $500 Million RWA Asset

Plume, a crypto-native blockchain focused on RWAFi, today announced the expansion of its strategic partnership with Credbull, a DeFi platform focused on on-chain tokenization of real-world assets (RWAs) that aims to provide investors with access to private credit markets in a transparent and decentralized manner. As a major development in the DeFi space, Credbull and Plume are pleased to announce the launch of LiquidStone, a customized liquidity and high-yield solution exclusively available on Plume Network. So far, Plume Network has announced plans to tokenize real-world assets with a total value of approximately $1.25 billion, and in the process provide holders with the opportunity to earn yields, Plume Network hopes to "ultimately" tokenize $3 billion worth of assets.

Following the initial announcement in May of plans to integrate premium assets into the Plume ecosystem, the Credbull, Plume and Centrifuge collaboration has now escalated to include a significant financial expansion and a host of new products.

Credbull is launching this expansion with $100 million in assets. LiquidStone will launch a 30-day 10% annualized product with daily redemption of assets and earnings. The company will then launch a wider range of products, such as a 90-day 15% annualized product with monthly distributions, in the first quarter of 2025, ultimately expanding to $500 million in assets. LiquidStone's underlying asset structure is diverse, covering on-chain high-quality liquid assets (HQLA), collateralized on-chain lending, and high-yield financing solutions underwritten by leading SME sponsors.

In addition to highly competitive high-yield and liquidity features with controlled risks, Credbull also offers unique rewards tailored for Plume's RWAfi ecosystem. These rewards will be available to both institutional and retail users, further enhancing the attractiveness of investment opportunities on Plume.

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

“Plume was designed to facilitate the collaboration between RWAfi and the real-world asset industry. Our goal is to simplify the on-chain process and enhance liquidity for all real-world assets. By partnering with Credbull, who introduces high-quality, highly sought-after on-chain private credit, we are further advancing our mission to drive innovation and efficiency in the DeFi space while enabling broader adoption of on-chain funds through Centrifuge,” said Chris Yin, CEO of Plume Network.

Plume Network, known for its advanced tokenization solutions and seamless integrations, will be the exclusive launch venue for Credbull’s new on-chain fund product, driving innovation and financial inclusion for RWAfi.

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