Plume Network Partners with Google Cloud and CloudMile to Revolutionize Real-World Assets Market with AI
Plume Network has announced a groundbreaking partnership with Google Cloud and CloudMile to transform the real-world assets market using artificial intelligence. The full stack layer-1 blockchain aims to redefine the RWA ecosystem and unveiled this strategic collaboration on December 20.
Driving Innovation with AI
The collaboration with Google Cloud is set to revolutionize the onboarding process of real-world assets by harnessing the power of artificial intelligence. Plume plans to utilize Google Cloud’s infrastructure to automate the appraisal of RWA projects through AI technology.
Enhancing Data Intelligence
Plume stated, “This collaboration will turbo-charge Plume’s data intelligence suite for RWAs by leveraging Vertex AI and cutting-edge GPU infrastructure (A100 & V100 processors), enabling faster, secure, and compliant tokenization and analysis of RWAs.”
CloudMile’s AI and cloud technology will play a crucial role in this partnership, ensuring the successful implementation of the AI-powered initiative. The integration of real-time compliance and analytics tools from Google Cloud, such as BigQuery, Dataflow, and Looker Studio, will drive the adoption of tokenized RWAs and unlock investment opportunities for institutions.
Strategic Partnerships and Funding
Plume recently closed a $20 million Series A funding round led by prominent venture capital firms, including Brevan Howard Digital, Haun Ventures, and Galaxy Digital. This financial support will fuel Plume’s innovative projects and further solidify its position in the market.
Furthermore, Plume has formed strategic partnerships with industry players like Credbulll and Chateau Capital to launch platforms like LiquidStone and explore opportunities in the private markets sector. These collaborations highlight Plume’s commitment to driving innovation and expanding the possibilities of tokenized assets.
Looking Towards the Future
As the intersection of blockchain and AI continues to gain momentum in the crypto industry, Plume’s partnership with Google Cloud and CloudMile signifies a significant step towards unlocking the full potential of real-world assets. With cutting-edge technology and strategic collaborations, Plume is poised to lead the way in revolutionizing the RWA ecosystem and creating new avenues for investment.
Stay tuned for more updates on Plume Network’s innovative initiatives and partnerships as they continue to shape the future of the real-world assets market.