Plume is spearheading the RWA revolution by creating the first purpose-built ecosystem with an L1 blockchain designed specifically to bring the real world onchain.
The original Bitcoin whitepaper was centered around a simple idea – a peer-to-peer, electronic cash system. Out of that seminal document, several important ideas were popularized – from smart contracts, DAOs, and what was then called “Smart Property.” The idea was that ownership of anything – cars, shares in a company, rights to software, etc. - could be conveyed and managed on a decentralized blockchain network.
Fast forward to today, we have finally begun to solve the original Bitcoin vision of a peer-to-peer electronic cash system with stablecoins. Today, stablecoins are hailed as one of the best use cases of crypto with nearly $200B in market cap and global adoption.
The next evolution and growth of crypto will be the global adoption of smart property, now called RWAs – real world assets. RWAs today are defined as digital tokens that represent real things, whether that is a token backed by an asset in the real world like a house or backed by synthetic assets like CPI data. The future of RWAs will bridge and meld the traditional, offchain world most people live in today with the digital world of crypto through what we’re calling “RWAfi.”
This is Plume's conviction, and we are building a holistic ecosystem on top of a purpose-built L1 blockchain to make our RWAfi vision a reality, using tokenized RWAs as the backbone of our ecosystem.
RWAs: What are they and why do they matter
Simply put, RWAs are digital representations of real things – either physical assets or real world data. If you take a share in a company, place it into a vault, and mint a token against it, that token becomes a digital asset known as an RWA. Like any other crypto native asset, RWAs can be traded, held, or used as collateral. The difference now is that they are uniquely tied to the value of real-world, tangible resources. That said, RWAs aren’t confined to be representations of physical things – RWAs can be synthetic assets that represent real world concepts like economic data and indices that can be held, traded, and used across DeFi.
RWAs are the path to growing the onchain economy. By bringing offchain assets onchain, we unlock more value onchain and increase the surface area that crypto natives can interact with. This direct connection to the offchain world not only grows the value of the crypto market with the introduction of new assets but also grows the crypto userbase as we bring the rest of the world onchain.
RWAs bring together the existing world of crypto natives with web2 users, institutions, and the rest of the world. It’s not about simply carbon copying the existing world and putting it onchain. Instead, we are rebuilding the global economy with crypto ideals – we’re building a global, permissionless, composable, and decentralized ecosystem where assets and users can thrive.
How Plume makes RWAs accessible
At Plume, we are rebuilding the fabric of the global economy through a crypto-first lens: where permissionless accessibility and innovation is a core idea, true ownership is inherent in the ecosystem, and where we unlock the potential of a global, 24/7 connected ecosystem by making everything as easy-to-use as software – malleable, programmable, and composable. The best opportunities will no longer be gated behind the ivory towers of Wall Street, as all users across the globe can participate no matter who or where they are, where you can actually own your assets, instead of having it locked up in a bank or with the government.
That’s why Plume is built to be a fully open and permissionless ecosystem from day one, powered by an L1 chain built from the ground up. We are rebuilding the global economy onchain, not porting over a broken system onto new rails. Everything on Plume is composable, liquid, globally accessible, and available 24/7. Plume’s infrastructure & technology is designed to ensure that interacting with RWAs should feel just like interacting with crypto native assets – you shouldn’t have to think about or even know they are RWAs.
The first step is to make RWAs accessible and usable by crypto natives. We do this by building Plume for the crypto-native workflow – yield farming, trading, and speculation. This is the key to growing the RWA ecosystem.
RWAs are the only sustainable path for growth in crypto. Plume is the only ecosystem that is designed to systematically and consistently grow the crypto market through real yield. Real yield brings real users and long-term, sustainable growth into the onchain economy. In tandem, Plume is the only chain whose cryptoeconomic security model backed by tokenized RWAs can accommodate the 100x increase in TVL from RWAs, as all existing proof-of-stake blockchains can only secure as much value as the cost of attacking the chain. This ensures these assets are actually better onchain than offchain, by ensuring they are liquid, composable, and permissionlessly accessible.
Lessons learned from Stablecoins
Stablecoins have achieved widespread product-market fit in crypto because they are what RWAs today are not — they are just crypto. The stablecoin didn’t just take the US Dollar and slap them onto the blockchain, they were designed for a crypto audience and use case. Stablecoins leveraged crypto’s native features including liquidity, composability, global access, and 24/7 accessibility.
The demand for RWAfi is evident by our traction. Surrounded by a strong network of protocols already building on Plume and numerous large institutions looking to partner with us, it’s clear that RWAs will become an increasingly attractive proposition for traditional players seeking access to this new asset class.
Plume adoption is RWA adoption
A clear path to RWA adoption lies ahead. Products and users in emerging markets are eager to access Plume’s assets, while major institutions are already engaging with Plume.
Our ecosystem is the key to growing Plume and RWAs. Institutions and asset issuers utilize Plume Arc to tokenize RWAs, LPs and capital providers provide liquidity through innovative protocols like Nest, and people all over the world can utilize these assets by swapping, lending, borrowing, and engaging with RWAs across the hundreds of dApps in our RWAfi ecosystem.
With Plume, anyone from anywhere in the world will be able to access and interact with anything in the world with a click of a button. We’re not just talking about simple buy & sell – by making all assets in the world software, we empower developers to create novel use cases that we’ve never even imagined that bring new use cases & utility to everything.
Real assets onchain: a new frontier with a new L1
Just as assets need liquidity, the crypto economy needs Plume. RWAs are the key to unlocking trillions of dollars of value that lay dormant in legacy databases and web2 companies. Plume is leading the charge to not only bring the real world onchain but to also enable synthetic assets as part of this new ecosystem for decentralized lending, trading, financial products, and other use cases we haven’t even imagined. With RWAs accessible to everyone — from crypto natives to institutional players — Plume is bridging the gap between TradFi and crypto and rebuilding the global economy.
The unique attributes of RWAs require not only a dedicated ecosystem but a purpose-built blockchain customized for this market. Our L1 blockchain will become a vital hub within the global ecosystem that can evolve the world in new and exciting ways leading to a decentralized future built on real world value.