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DigiFT Selects Plume Network as Key Infrastructure for Tokenized RWA Expansion

DigiFT Selects Plume Network as Key Infrastructure for Tokenized RWA Expansion

DigiFT and Plume Network partnership banner

In the fast-evolving world of blockchain and decentralized finance (DeFi), partnerships that bridge traditional finance with crypto are always buzzworthy. Recently, a tweet from hitesh.eth (@hmalviya9) caught our eye, highlighting a significant move in the tokenized real-world assets (RWA) space.

The tweet reads: "DigiFT an exchange for tokenised RWA licensed by Singapore, and Hongkong government authorities chose plume as key infra to expand their product offerings." It quotes an announcement from Plume Network (@plumenetwork): "Institutional Spotlight: Expanding The RWA Market with DigiFT. DigiFT is a licensed exchange for tokenized real-world assets, headquartered in Singapore and licensed by the Monetary Authority of Singapore and the Hong Kong Securities & Futures Commission. The..."

This development is a big deal for anyone tracking RWAs—real-world assets like funds, loans, or bonds that are digitized and traded on blockchain. It makes them more accessible, liquid, and efficient compared to traditional markets.

Understanding DigiFT and Plume Network

DigiFT is no small player. As a regulated exchange based in Singapore, it specializes in tokenizing RWAs under licenses from the Monetary Authority of Singapore (MAS) and the Hong Kong Securities and Futures Commission (SFC). This means they operate with full compliance, offering tokenized versions of institutional-grade products like money market funds from giants such as UBS.

Plume Network, on the other hand, is a modular Layer-2 blockchain designed specifically for RWA finance (RWAfi). It's built to integrate real-world assets seamlessly into DeFi ecosystems. Plume has its native token, PLUME, which powers the network—used for staking, governance, and liquidity provision. Currently trading around $0.09, PLUME has seen significant interest with millions in daily volume, making it a token worth watching in the broader crypto space, even if it leans more toward utility than pure meme vibes.

Details of the Partnership

According to recent announcements, DigiFT has partnered with Plume to leverage its infrastructure for expanding product offerings. This includes bringing tokenized assets like UBS's money market fund (uMINT) directly to DeFi users through Plume's regulated rails. Later expansions have seen them launch the Invesco US Senior Loan Strategy token (iSNR) on Plume's Nest protocol, a staking platform for RWAs.

What does this mean in simple terms? Institutional investors and everyday DeFi users can now access high-quality, compliant investment products on-chain. For example, you could stake tokenized loans or funds and earn yields, all while benefiting from blockchain's transparency and speed.

This tie-up aims to broaden use cases for RWAs, exploring more institutional products and improving accessibility. As Plume's ecosystem grows, it could even intersect with meme token communities by providing stable, yield-generating backings—imagine meme projects incorporating RWAs for added utility.

Why This Matters for Meme Token Enthusiasts

At Meme Insider, we focus on meme tokens, but developments like this are crucial because they strengthen the overall blockchain ecosystem. Plume's PLUME token, while utility-focused, shares the volatile, community-driven energy of memes. Plus, as RWAs gain traction, meme projects might start tokenizing fun, real-world elements—like digital collectibles or community funds—using similar infrastructure.

This partnership could inspire meme token creators to think bigger, integrating regulated assets to add real value beyond hype. Keep an eye on how Plume evolves; it might become a hub where memes meet mainstream finance.

For more on this, check out the original tweet here or dive into Plume's official site at plumenetwork.xyz.

Stay tuned for more updates on how traditional finance is merging with the wild world of crypto!

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