The Plumeberg News offers weekly insights into the Real World Asset (RWA) sector, carefully curated by the Goonheads specifically for Plume Goons.

Here is an overview of what the Plumeberg News will cover:

1. Weekly RWA Highlights
2. RWA Market Commentary
3. Narrative Overview
4. RWA Category Insights
5. Tokenized Assets Analytics

1）Weekly RWA Highlights

Plume Launches Testnet Campaign to Redefine RWAs

Plume, the first modular EVM Layer-2 for RWAs, launches its testnet with Celestia, supported by Bitget Wallet and Supra. This initiative provides new opportunities for exposure, investment, and utilization of real world assets such as real estate, collectibles, and alternative assets.
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Next Bull Run Shifts Focus to AI, RWA, and DePin

The anticipated next crypto bull run will focus on AI, RWAs, and DePin. This marks a shift from the 2021 focus on the metaverse, NFTs, and P2E sectors, indicating new directions in market trends.
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DAO Allocations to Drive Tokenized US Treasury Market

DAOs and DeFi projects, led by Arbitrum and MakerDAO, are poised to push the tokenized US Treasury market to $3 billion. They seek risk-free yields and stability within the blockchain ecosystem, diversifying their holdings.
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RWA Platform Jade City to Launch Late 2024

Jade City plans to launch its RWA platform and token by the end of 2024. This initiative aims to transform access to and trading of precious commodities, leveraging its Jade Vault and Jade City segments.
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2024 Crypto Trends: AI, Blockchain Gaming, Memecoins, & RWA

Emerging crypto trends for 2024 spotlight AI, blockchain gaming, memecoins, and tokenized RWAs. These sectors are gaining attention as the market evolves beyond Bitcoin and Ethereum.
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21co Analyst Sees Tokenized US Treasuries Hitting $3 Billion

Analyst Tom Wan predicts that tokenized US Treasuries will reach $3 billion by the end of 2024. This growth is driven by DeFi projects and DAOs seeking diversification and stability in an environment of high interest rates.
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Multipool Partners with Tokinvest for RWA Trading

Multipool has partnered with Tokinvest to enhance RWA trading. This collaboration aims to offer an end-to-end dual market solution for RWA token offerings, secondary market trading, and liquidity provision.
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Backed Introduces 5 New Tokenized Equities

Backed has launched five new tokenized equities, providing non-U.S. investors with blockchain-based exposure to stocks of companies like Microsoft, GameStop, MicroStrategy, Tesla, and Google.
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Backed Unveils Five New Tokenized Equities

Backed’s new tokenized equities include bMSFT, bGME, bMSTR, bTSLA, and bGOOGL. Each token is backed one-to-one by shares of these major companies, expanding investment opportunities for eligible non-US investors.
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Chainlink’s Role in the Tokenized Asset Wave

At EthCC, Chainlink’s Sergey Nazarov discussed the significant role of Chainlink in the growing tokenized asset wave. He highlighted how the influx of value into blockchains, driven by RWA tokenization, is now surpassing DeFi in total value.
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2）RWA Market Commentary

Shift in Market Focus

The anticipated next crypto bull run is expected to diverge from the 2021 trends that were dominated by the metaverse, NFTs, and Play-to-Earn (P2E) sectors. Instead, the focus is shifting toward AI, RWAs, and Decentralized Physical Infrastructure Networks (DePin). This evolution reflects the market’s maturity and the pursuit of more stable and tangible asset classes. The diversification into RWAs provides a bridge between traditional finance and the crypto ecosystem, attracting a wider range of investors.

Institutional Interest and DAO Allocations

Decentralized Autonomous Organizations (DAOs) and DeFi projects are increasingly allocating resources to tokenized US Treasuries, aiming to achieve risk-free yields while maintaining blockchain-based operations. Analysts like Tom Wan predict this trend will drive the tokenized US Treasury market to $3 billion by year-end. This movement underscores the growing demand for diversification and stability in the crypto space, particularly as high interest rates make traditional assets more appealing.

Expansion of Investment Opportunities

Platforms like Backed are expanding investment opportunities by introducing tokenized equities, allowing non-U.S. investors to gain exposure to stocks of prominent companies such as Microsoft, GameStop, MicroStrategy, Tesla, and Google. These initiatives are democratizing access to global markets and providing blockchain-based solutions that bridge gaps for international investors.

Strategic Partnerships and Technological Advancements

Strategic partnerships are further propelling the RWA market. For instance, Multipool’s collaboration with Tokinvest aims to deliver a comprehensive dual market solution for RWA token offerings, secondary market trading, and liquidity provision. These partnerships are essential in building robust ecosystems that support the seamless trading and utilization of tokenized assets.

Chainlink’s Role in the Tokenized Asset Wave

Chainlink’s Sergey Nazarov emphasized the pivotal role of Chainlink in the burgeoning tokenized asset wave during the Ethereum Community Conference (EthCC). The influx of new value into blockchains, driven by RWA tokenization, is surpassing DeFi in terms of total value, highlighting a significant trend in the crypto market’s evolution. Chainlink’s infrastructure is critical in ensuring the seamless integration and interoperability of these assets within the broader blockchain ecosystem.

3）Narrative Overview

Top Performing narratives (Change in the last 7 days):

• ETF: 2.5%
• LSD: 1.6%
• AI: 0.9%

RWA Index Ranking 11th

4）RWA Category Insights

Market Cap: $7.5B (5%)

Top Gainers:

• Defactor (+16%)
• Etherland (+21%)
• Swarm Markets (+14%)

Market Cap Ranking:

• Ondo $ONDO
• Mantra $OM
• Pendle $PENDLE

5）Tokenized Assets Analytics

Private credit

• Active Loan Value: $8.4B
• Total Loans Value: $13.2B
• Total Loans: 1908

Tokenized Treasuries

• Total Value: $1.9B (+3%)
• Average Yield To Maturity: 4.95%
• Holders: 5,234

Stablecoins:

• Market Cap: $161B (0.4%)
• Monthly Transfer Volume: $952B (-63%)
• Monthly Active Addresses: 17.9M (-7%)

Conclusion

The shift towards RWAs, coupled with strategic partnerships and technological advancements, is paving the way for a more diversified and stable market. As traditional finance intersects with the crypto world, the potential for new investment opportunities and market growth is immense. This evolution signals a maturing market that is poised to attract a broader range of participants, driving the next wave of innovation and adoption in the blockchain space.

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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.

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