Plume Network, the earliest full-stack layer 1 RWA blockchain, has partnered with Cobo, a well-known platform for wallet infrastructure and digital asset custody. The collaboration aims to advance the accessibility of real-world yields among institutional investors. Top investors like Galaxy, Huan Ventures, and Brevan Howard Digital are reportedly backing the platform in this respect.
The endeavor benefits from Cobo’s resilient custody infrastructure to fulfill user needs. Hence, Cobo users can access the Plume blockchain to seamlessly interact with Plume’s comprehensive system of dApps, RWA yield, and tokenized RWAs.
Plume Network Joins Cobo to Offer Cutting-Edge Infrastructure
Plume Network disclosed that its partnership with Cobo lets the latter’s clients reach real-world yields via the former’s efficient infrastructure. Plume Network has gained a noteworthy reputation for prioritizing the tokenization of real-world assets like commodities and real estate. The current collaboration opens the platform’s ecosystem to more than five hundred institutional clients of Cobo.
While playing the role of a critical move toward mainstream RWA adoption, the partnership delivers a reliable custody solution. It reportedly supports more than eighty blockchains while above 3,000 tokens. The integration enables the Cobo users to leverage the innovative ecosystem of Plume along with exposing the Plume Network to a wider audience. As a result of this, it intends to expand the blockchain technology’s reach.
Integration Increases RWA Integration into Blockchain Landscape
According to Plume Network, the institutional clients of Cobo can directly access its ecosystem of tokenized yields and real-world assets. In addition to this, the mutual endeavor also boosts Cobo’s ecosystem connectivity, growth, and accessibility. This could contribute to blockchain technology’s adoption in conventional finance. Moreover, the partnership is poised to set exclusive standards in the RWA integration into the blockchain realm.
