Plume Network, the earliest full-stack layer 1 RWA blockchain, has recently partnered with Cobo, a well-known platform for wallet infrastructure and digital asset custody. This collaboration aims to enhance the accessibility of real-world yields among institutional investors. Notable investors such as Galaxy, Huan Ventures, and Brevan Howard Digital are backing the platform in this endeavor.
The journey to institutional RWA yields begins with trusted custody.
We are excited to welcome @Cobo_Global as they enable their 500+ institutional clients to access real-world yields through their battle-tested infrastructure. pic.twitter.com/WlmiGjI6ub
— Plume Network – RWAfi L1 (@plumenetwork) January 17, 2025
This initiative leverages Cobo’s robust custody infrastructure to meet user needs. Consequently, Cobo users can seamlessly interact with Plume’s comprehensive system of dApps, RWA yield, and tokenized RWAs on the Plume blockchain.
Plume Network Collaborates with Cobo to Provide Cutting-Edge Infrastructure
Plume Network has revealed that its partnership with Cobo enables the latter’s clients to access real-world yields through the former’s efficient infrastructure. Plume Network has built a solid reputation for prioritizing the tokenization of real-world assets such as commodities and real estate. This new collaboration opens up the platform’s ecosystem to over five hundred institutional clients of Cobo.
As a significant step towards mainstream RWA adoption, this partnership offers a reliable custody solution that supports over eighty blockchains and more than 3,000 tokens. The integration allows Cobo users to tap into Plume’s innovative ecosystem and introduces the Plume Network to a broader audience, expanding the reach of blockchain technology.
Integration Drives RWA Adoption in the Blockchain Space
Plume Network highlights that Cobo’s institutional clients can directly access its ecosystem of tokenized yields and real-world assets. This mutual effort also enhances Cobo’s ecosystem connectivity, growth, and accessibility, potentially accelerating the adoption of blockchain technology in traditional finance. The partnership is poised to establish exclusive standards for integrating RWAs into the blockchain landscape.