Plume Network
Plume Network is a blockchain infrastructure company building a modular, EVM-compatible chain purpose-built for compliant real-world asset (RWA) tokenization, serving institutional asset managers (Apollo, WisdomTree, Securitize, EtherFi, Hamilton Lane) and crypto-native users through its Nest yield protocol and ecosystem tokens (pUSD, pETH), distinguished by SEC transfer agent registration and integrated zkKYC compliance.
- Company typePrivate
- Founded2023
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Plume Network does
Plume Network is a blockchain infrastructure company operating a modular Layer-1 (described in some materials as a modular Layer 2 on Arbitrum Nitro) chain purpose-built for real-world asset (RWA) tokenization and on-chain finance. Founded in 2023 and headquartered in San Francisco with 11-50 employees, Plume combines EVM-compatible smart contract execution with Celestia-based data availability, an SEC-registered transfer agent function, integrated zkMe zkKYC for FATF-compliant identity verification, DTCC settlement interoperability, and smart-contract automation that the company reports compresses tokenization timelines from months to weeks. Core products include the Nest yield protocol with three vault strategies (Nest Alpha for diversified RWA index yield, Nest Basis for crypto market-neutral yield, Nest BlackOpal for payment financing), the pUSD ecosystem stablecoin, and the pETH native ETH liquid staking token, all accessible through self-serve portals (nest.credit, portal.plume.org).
Plume serves two primary customer segments: institutional investors and asset managers (including Apollo, Securitize, WisdomTree, Hamilton Lane, BlackRock's BUIDL, EtherFi, Superstate, Paxos, and Mercado Bitcoin) seeking compliant on-chain infrastructure for tokenized securities and yield products, and crypto-native users (280K+ RWA holders) seeking institutional-grade RWA yield via Nest vaults. Revenue mechanics are primarily protocol- and transaction-fee based on tokenization activity, Nest vault economics, and PLUME token utility, with enterprise partnerships likely operating under custom contractual arrangements that are not publicly priced. Go-to-market is hybrid: enterprise direct sales to financial institutions paired with product-led growth through self-serve Nest portals, community channels (900K+ X followers, 250K+ Discord, 100K+ Telegram), exchange distribution (Bybit RWA Earn, OSL, Upbit), and developer programs (Ascend Accelerator, Take Flight, Builder Hub).
The company has raised $30M across a $10M seed (May 2024, led by Haun Ventures) and a $20M Series A (December 2024, co-led by Brevan Howard Digital and Haun Ventures), with subsequent strategic investments from Apollo, LayerZero (lzCatalyst), Hyperithm, and YZi Labs. Notable traction since mainnet launch in June 2025 includes $350M+ in enabled asset value, 220+ tokenization projects, 200+ ecosystem partners, and $5B+ in pipeline assets, alongside regulatory milestones such as SEC transfer agent registration (October 2025) and a Bermuda Monetary Authority Class M Digital Asset Business Licence.
Plume Network firmographics
Firmographics- Name
- Plume Network
- Website
- https://plumenetwork.xyz
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Plume Network is a blockchain infrastructure company building a modular, EVM-compatible chain purpose-built for compliant real-world asset (RWA) tokenization, serving institutional asset managers (Apollo, WisdomTree, Securitize, EtherFi, Hamilton Lane) and crypto-native users through its Nest yield protocol and ecosystem tokens (pUSD, pETH), distinguished by SEC transfer agent registration and integrated zkKYC compliance.
- Ownership category
- akta.pro rank
Plume Network industry classification
Industry- Product category
- Blockchain Infrastructure / RWA Tokenization
- NAICS
- Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)
- akta.pro secondary industries
- RWA Settlement, Transfer Agent & Lifecycle Management Infrastructure (FSADAEAN), Transfer Agent, Cap Table & Token Lifecycle Management (registrar, corporate actions, burns/mints) (FSAPAIAF), Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA), Identity, Credentials & Permissioning for Enterprises (DID/VC, access control, attestations) (FSAPAIAG), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)
Keywords
Where Plume Network is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Plume Network business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Protocol/Transaction Fees: Plume earns fees from transactions on its blockchain infrastructure, including RWA tokenization, trading, and DeFi activities on its platform.
- Nest Yield Protocol Fees: Revenue from the Nest yield protocol which provides RWA yield products to users, likely through vault management fees or performance fees on yields generated.
- Token Utility (PLUME): PLUME token surged 25% after SEC registration and 55% after Upbit listing, indicating token-based value accrual mechanisms.
Go-to-market motion2 records
Distribution channels7 records
Marketing channels7 records
Plume Network product offering
Product offeringCore offering
Plume Network operates a modular EVM-compatible Layer 2 blockchain purpose-built for real-world asset (RWA) tokenization and compliant on-chain finance. It provides end-to-end tokenization infrastructure (smart contract automation, compliance, SEC-registered transfer agent services) for institutions and offers the Nest yield protocol plus ecosystem stablecoin (pUSD) and liquid staking token (pETH) for crypto users.
Product overview
Plume Network is a modular Layer 2 blockchain platform purpose-built for real-world asset (RWA) tokenization and finance. The platform operates as a full-stack infrastructure supporting the deployment and management of RWAs in a permissionless environment, integrating asset tokenization with compliance. The core product suite includes the Nest yield protocol (with Nest Alpha, Nest Basis, and Nest BlackOpal vaults), the pUSD ecosystem stablecoin, and the pETH native liquid staking token. Additional offerings include the Plume Portal for on-chain asset management, the Ascend Accelerator program for RWA builders, and the Take Flight developer program. The platform supports over 220 tokenization projects and enables institutional and crypto users to trade, earn, and leverage RWAs on-chain with $5B in pipeline assets and 200+ ecosystem partners.
Differentiator
Problem solved
Functional benefit
Brands
- Nest: Product for earning real-world yield on the Plume Network.
- pUSD
- pETH
Products and services
- Plume Network
Quantifiable outcome
- $350 million in asset value enabled since June 2025 launch
- +4 more outcomes
Companies that use Plume Network
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Plume Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature7 records
Plume Network partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and major.
- BybitcoreBybit launched RWA Earn platform offering two tokenized bond funds managed by PIMCO and CMBI, tokenized through DigiFT and using Plume's onchain infrastructure for subscriptions and allocation. The tokenized RWA market reached $31.8B.
- TokucoreToku partnered with Plume and WisdomTree for the first RWA payroll pilot, enabling employees to receive part of their salary in tokenized WTGXX money market fund shares that earn yield from the day of payment.
- EtherFicoreEtherFi allocated $25M to Plume's Nest vault powered by Superstate's USCC Crypto Carry Fund. The integration expands access to institutional-grade RWA yield to over $6B in EtherFi customer deposits, with a custom RWA vault integrated into EtherFi's interface.
- SuperstatecoreSuperstate's USCC Crypto Carry Fund powers Plume's nBASIS vault for crypto market neutral yield. Plume was also picked by Superstate to power its multichain expansion.
- Squads LabmajorSquads Lab partnered with Plume to enable deployment of RWA Nest vaults on Solana, integrating institutional-grade real-world assets into Solana's DeFi ecosystem.
- Colb FinancemajorColb Finance launched CSPX, a tokenized access point to SpaceX shares on Plume, providing qualified users with onchain exposure to SpaceX that was traditionally limited to institutional investors.
- PaxoscorePlume joined Hyperliquid and Aptos in the inaugural launch cohort for USDG0, a regulated omnichain stablecoin issued by Paxos Labs. USDG0 is expanding its ecosystem on Plume for fully backed, compliant liquidity.
- SecuritizecoreSecuritize will deploy institutional assets on Plume's Nest protocol to connect tokenized funds with RWA investors, starting with Hamilton Lane funds and expanding throughout 2026 to include BlackRock's BUIDL fund and other issuers.
- Hamilton LanecoreHamilton Lane funds are being deployed on Plume's Nest protocol through Securitize, providing institutional RWA access to Plume users.
- zkMecorezkMe integrated its decentralized zkKYC solution using Zero-Knowledge Proof technology with Plume for FATF-compliant identity verification while preserving user privacy, with reusable credentials and anti-sybil protections for RWA finance.
- LayerZerocoreLayerZero announced its first strategic investment in Plume through the lzCatalyst program supporting blockchain development. Plume leverages LayerZero's technology to build interoperable applications and facilitate RWA finance.
- DigiFTcoreDigiFT is a tokenization partner collaborating with Plume for tokenization of private assets and institutional-grade assets. DigiFT also tokenized PIMCO and CMBI bond funds for Bybit's RWA Earn platform using Plume's infrastructure.
- Chateau CapitalmajorChateau Capital is a tokenization collaboration partner for developing institutional-grade asset tokenization on Plume.
- ArbitrumcorePlume's modular Layer 2 network is built on Arbitrum and Celestia technology, leveraging Arbitrum Nitro for EVM compatibility and scalability.
- WisdomTreecoreWisdomTree debuted 14 tokenized funds on Plume, including WTGXX tokenized money market fund used in the first RWA payroll pilot with Toku, enabling employees to receive yield-bearing assets as salary.
- Mercado BitcoinmajorPlume Network and Brazil's Mercado Bitcoin partnered to tokenize $40 million worth of RWAs, expanding RWA adoption in Latin America.
Scale indicators13 records
Recent moves7 records
Expansion highlights6 records
Plume Network competitors and assessment
Company assessmentDirect peers
- Ondo Finance: Ondo Finance is a leading RWA-focused protocol issuing tokenized yield products (e.g., OUSG, USDY) and is the most direct head-to-head competitor to Plume in institutional-grade tokenized treasury and yield offerings on public chains.
- Centrifuge: Centrifuge operates a purpose-built blockchain for tokenizing real-world assets (invoices, receivables, private credit) and integrates with MakerDAO via RWA vaults, making it a direct competitor in the on-chain RWA finance space.
- Provenance Blockchain: Provenance is a permissioned blockchain purpose-built for financial institutions, focused on tokenized funds, private credit, and other RWAs with strong institutional compliance, making it a direct competitor in the institutional RWA chain category.
- Polymesh: Polymesh is a purpose-built, permissioned blockchain for regulated securities, offering native compliance features (transfer agent, identity) similar to Plume's positioning, and competing directly for tokenized security issuance.
Emerging players
- Securitize: Securitize is both a partner and an adjacent competitor: it issues and manages tokenized funds (e.g., BlackRock BUIDL, Hamilton Lane) and could compete with Plume's transfer agent rails, though today it leverages Plume's chain for distribution via Nest.
- Maple Finance: Maple Finance is an institutional on-chain credit marketplace that tokenizes private credit pools with KYC-gated access, overlapping with Plume's Nest yield protocol on the institutional RWA yield side.
- Tokeny: Tokeny is a tokenization infrastructure provider focused on compliant security tokens with built-in identity and transfer agent tooling, making it a partial competitor to Plume's compliance and issuance stack.
Broad incumbents
- MakerDAO (Sky): MakerDAO's RWA vaults (now Sky) hold billions in tokenized US Treasuries and credit, making it a broad incumbent in on-chain RWA yield that competes with Plume's Nest Alpha and related vault offerings.
- Aave (Aave Labs): Aave is the largest on-chain lending protocol and is actively expanding into RWA-backed lending via GHO and institutional integrations, positioning it as a broad incumbent competing for tokenized asset collateral flows.
- Hyperledger Besu: Hyperledger Besu is an enterprise-grade Ethereum client widely used by permissioned blockchain consortia for tokenized assets and securities, representing a broader incumbent option institutions may choose instead of Plume's purpose-built L2.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks1 record
Key highlights7 records
Customer concentration
Plume Network social profiles
Digital presencePlume Network compliance and trust
Trust signalCompliance2 records
Plume Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Plume Network leadership team
Management profileNumber of profiles
Profiles2 records
Plume Network funding detail
Funding detailFunding overview
Funding rounds6 records
Investors20 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Plume Network M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Plume Network
What does Plume Network do?
Plume Network operates a modular EVM-compatible Layer 2 blockchain purpose-built for real-world asset (RWA) tokenization and compliant on-chain finance. It provides end-to-end tokenization infrastructure (smart contract automation, compliance, SEC-registered transfer agent services) for institutions and offers the Nest yield protocol plus ecosystem stablecoin (pUSD) and liquid staking token (pETH) for crypto users.
Is Plume Network a public or private company?
Plume Network is a private company. It is classified as venture growth investor backed and is currently operating.
When was Plume Network founded?
Plume Network was founded in 2023. It employs 11 to 50 people.
Where is Plume Network based?
Plume Network is headquartered in San Francisco, United States, in the North America region.
How does Plume Network make money?
Three revenue lines are on record. Protocol/Transaction Fees are the primary driver. The others are nest Yield Protocol Fees and token Utility (PLUME).
Who are Plume Network's main competitors?
Direct peers on record are Ondo Finance, Centrifuge, Provenance Blockchain and Polymesh. Emerging players are Securitize, Maple Finance and Tokeny. Broad incumbents are MakerDAO (Sky), Aave (Aave Labs) and Hyperledger Besu.
Does Plume Network have an API?
No public API is recorded for Plume Network.
What industry is Plume Network in?
Plume Network's product category is Blockchain Infrastructure / RWA Tokenization. Its primary akta.pro industry code is FSAPAIAC, RWA Tokenization Platforms (asset onboarding, structuring, issuance), with a secondary code of FSADAEAN, RWA Settlement, Transfer Agent & Lifecycle Management Infrastructure. Its NAICS code is 523210 and its SIC code is 6200.