Plume has secured over 100+ project integrations, and here are some ecosystem updates from our projects for June 2024:
- TrueFi: TrueFi is now live on Arbitrum, expanding onchain credit with market-neutral borrowers through a partnership with @cicadacredit.
- DeFi Connect Credit: Achieved a significant milestone by partnering with CornerMarket to revolutionize cryptocurrency payments and revamped their website for an improved user experience.
- Jarsy: Launched their beta version, offering investment opportunities in U.S. ETFs and private deals starting at just $10.
- OpenLayer: Launched as a leading AVS on the EigenLayer mainnet, onboarding over 40 operators and $6B in restaked assets.
- IX Swap: Expanded their horizons with new RWA products, including tokenizing film IP rights and luxury wines, and held the Tokenization Manila event with PDAX.
- Plural Energy: Empowers everyone to invest in renewable energy through DeFi, providing transparent, accessible, and efficient financing solutions for a sustainable future.
TrueFi
TrueFi is a modular infrastructure for onchain credit, seamlessly connecting lenders, borrowers, and portfolio managers through smart contracts governed by the TRU token. Launched in November 2020, TrueFi has originated over $1.7 billion in loans to more than 30 borrowers and has paid over $40 million in interest to its protocol participants.
It serves diverse borrowers, including prominent crypto-focused institutions and real-world firms such as fintech companies, trading firms, and credit funds, bridging the gap between traditional finance and the crypto ecosystem.
TrueFi is now live on Arbitrum! In partnership with @cicadacredit, they are expanding onchain credit to @arbitrum and partnering with market-neutral borrowers. This has been months in the making, and we are excited to share more!
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DeFi Connect Credit
DeFi Connect Credit aims to provide a decentralized investment experience that is inclusive, transparent, and efficient, bridging the gap between traditional finance and DeFi. They are merging traditional finance's robustness with blockchain technology's transformative power. Their platform is designed to make investing accessible, secure, and aligned with the needs of conventional investors, overcoming geographic barriers, costly intermediaries, and complex tax systems. We offer global access and unprecedented efficiency by tokenizing traditional assets and utilizing smart contracts.
Major Update for June 2024: Partnership with CornerMarket
This month, DeFi Connect Credit provided a major update: they revamped our website to improve user experience and announced their partnership with CornerMarket.
In June 2024, they achieved a significant milestone by forming a strategic partnership with CornerMarket. This collaboration aims to revolutionize how businesses accept cryptocurrency payments and enhance the DeFi ecosystem.
Key Highlights:
- Enhanced Payment Solutions: Our partnership with CornerMarket will enable businesses to seamlessly accept cryptocurrency as a form of payment, bridging the gap between traditional finance and DeFi.
- Website Revamp: We have completely revamped our website to offer a more user-friendly interface, improving accessibility and functionality for our users.
- Testnet Developments: Continued progress on our lending and borrowing dApp on the PlumeNetwork, moving closer to a full launch.
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Jarsy
Jarsy revolutionizes global investment by removing traditional barriers and making high-value assets like ETFs, real estate, and private equity accessible to everyone. Utilizing USDC, a stablecoin pegged to the US dollar, Jarsy offers a stable and reliable foundation for financial transactions.
With a low investment threshold starting at just $10, they open the doors for a broader range of investors to participate. Every J-token is backed 1:1 by actual U.S. assets, ensuring each token represents tangible value. Their commitment to transparency is demonstrated through frequent audits and published reports. Moreover, Jarsy provides liquidity and flexibility, allowing users to easily convert their tokens back into USDC through our platform or other markets based on the current market value of the tangible assets.
Jarsy is launching exclusively for family and friends, offering investment opportunities in U.S.ETFs (SPY, SHV) and private deals (OpenAI, SpaceX, etc.) for just $10.
This month marks a significant milestone for Jarsy as they launch their beta version, and they couldn’t be more excited to share this journey with users. Jarsy is dedicated to removing traditional barriers to investment, making high-value assets like ETFs, real estate, and private equity accessible to everyone. Users can secure exclusive access by joining their waitlist and being among the first to explore and benefit from their platform.
One of Jarsy's standout features is its low entry point, allowing users to start investing with as little as $10. This opens up opportunities for a broader range of investors, making high-value assets more accessible than ever before. Additionally, Jarsy offers cutting-edge investment options, providing exposure to ETFs such as SHV and SPY and private deals with groundbreaking companies like OpenAI and SpaceX.
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OpenLayer
OpenLayer provides a modular solution that streamlines data collection, validation, and transformation, serving both web2 and web3 companies.
OpenLayer has launched as a leading AVS on the EigenLayer mainnet, onboarding over 40 operators and $6B in restaked assets.
They are the first modular authentic data layer designed to modernize traditional data flows. Contributed by everyone and every device, OpenLayer offers a modular solution that coordinates data collection, validation, and transformation, catering to both Web2 and Web3 companies.
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IX Swap
IX Swap expands its horizon with new markets, and new RWA products have been launched.
IX Swap makes groundbreaking innovations and continues to drive conversations in the RWA space by announcing innovative RWA products, like the tokenization of film IP rights and luxury wines. Echoing the RWA narrative further, the IX Swap team heads down to the rising blockchain hub, the Philippines, partnering with licensed exchange PDAX for the acclaimed IXS Tokenization Event series.
- IX Swap Launches IP Film Tokenization of Indian Epic Sangamithra
- IX Swap announces the launch of tokenized luxury wines with the South Korean company Treasurer.
- IX Swap successfully held the Tokenization Manila event with the leading licensed Philippines exchange, PDAX.
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Plural Energy
Plural Energy revolutionizes renewable energy financing by making it better, faster, and cheaper through decentralized finance (DeFi). By partnering with renewable energy companies, we create security tokens available to both accredited and unaccredited investors, opening up new capital sources and significantly reducing capital costs. These tokens can also be used as collateral for DeFi loans, further enhancing financial flexibility. With Plural, renewable energy companies can access direct equity and debt sources, lower their capital costs, and expedite project financing like never before.
No more asking, “wen sun?”
Plural completed development on its equity investing product and now has offerings available for investment. Now anyone can log into Plural, browse assets, and invest directly in a clean energy future on-chain.
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About Plume
Plume is the first fully integrated and modular chain focused on RWAfi. We’ve built a composable, scalable ecosystem that supports the seamless onboarding of all types of real world assets, from equities to private credit and beyond. With our end-to-end tokenization engine, over 170 projects are building on Plume’s infrastructure, simplifying compliance and capital management to help projects scale globally.
Links:
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