Superstate Partners with Plume Network to Tokenize Real-World Assets
Asset management firm Superstate has announced a partnership with Plume Network, a real-world asset backed by major venture capital players.
In a recent announcement on Feb. 11, Plume Network described the partnership as a significant milestone for the RWA on-chain market.
Superstate plans to utilize this partnership to expand its U.S. Government Securities Fund and Crypto Carry Fund, with Plume becoming the first multi-chain partner for USTB and USCC, the ticker symbols for these funds.
The goal of the partnership is to accelerate the adoption of RWAs across the financial market.
“Superstate’s partnership with Plume brings institutional-grade, RWA-backed yields to the network. Investors can soon mint $USTB & $USCC natively on Plume—unlocking new integrations and products in an ecosystem designed for real world assets,” Plume posted on X.
Superstate will leverage Plume’s network, which includes chain-level compliance, to drive adoption of its tokenized assets.
Additionally, the collaboration will provide crypto-native investors with access to Treasury bill yields and other yield-generating strategies, further expanding DeFi’s presence in traditional finance. Plume’s RWAfi infrastructure will play a crucial role in Superstate’s efforts to attract institutional investors to the tokenized asset market.
Last December, Plume announced partnerships with Google Cloud, Ondo Finance, and Chateau Capital as part of its RWA expansion strategy.
These partnerships followed Plume’s successful $20 million series A funding round in October.