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Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding

Plume has raised $10 million in seed funding for what it says will be the first layer-2 blockchain purpose-built for RWAs. The round was led by Haun Ventures. Plume's Ethereum-based blockchain is pitched as a one-stop shop for easily bringing off-chain assets onto blockchains, meaning the protocol helps people navigate the morass of paperwork, custodial requirements and other legwork required to bring things like real estate, art and certain kinds of financial instruments onto blockchains. Plume's underlying technology is based on Arbitrum Nitro – a framework for building layer-2 "rollup" chains that write transactions to Ethereum quickly and with low fees.

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