Last updated on January 12th, 2025 at 11:11 am
Plume Network has partnered with endl, an advanced neo-banking solution for businesses, to enhance treasury management capabilities.
This collaboration combines Plume’s tokenized real-world asset (RWA) yields with endl’s platform, enabling companies to diversify treasury holdings and earn stable returns. endl offers multicurrency accounts, seamless on/off ramps, and global payouts. By integrating Plume’s RWA yields, the platform provides businesses access to institutional-grade returns from assets like treasuries, private credit, and real estate, which are traditionally available only to institutional investors.
The partnership addresses the challenge businesses face in balancing liquidity needs with growth. It streamlines the investment process by allowing direct access to RWA yields with minimal complexity, offering a safer, stable alternative to traditional crypto markets. This solution particularly impacts SMEs and enterprises in emerging markets, offering financial tools that are often hard to come by.
Teddy Pornprinya, co-founder and CBO of Plume highlighted the integration of RWA yields into Endl’s platform as an example of blockchain technology that addresses real-world challenges. He noted that this collaboration showcases how decentralized finance can enhance traditional financial services, providing tangible benefits to businesses globally.
Ashita Batra, co-founder and COO of endl, emphasized that a new partnership would enable both Web3 and Web2 organizations to access institutional-grade on-chain yields. This allows businesses to efficiently grow their assets using fiat accounts or stablecoin balances, streamlining treasury management and modernizing financial tools for various business sizes.
Meanwhile, Plume recently partnered with PinLink, a DePIN platform, to innovate the tokenization and management of real-world assets (RWAs), with the collaboration announced on January 3, 2025. Their goal is to capture a share of the $30 trillion RWA market by 2030. Plume will integrate PinLink’s yield-generating, tokenized assets into a dedicated vault on its upcoming mainnet, creating new investment opportunities. PinLink tokenizes hardware resources, providing AI developers better access and cost savings.
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