Plume, a modular blockchain focused on real-world asset finance, has secured a strategic investment from funds managed by Apollo Global, according to a note shared with crypto.news.
The undisclosed amount will accelerate the development of Plume’s infrastructure and support its mission to make RWAs as accessible and functional as any crypto-native asset. Apollo is a NYSE-listed global alternative asset manager.
Plume is building an EVM-compatible chain and end-to-end infrastructure to bring assets like financial instruments, carbon credits, GPUs, and collectibles onchain.
The platform enables users to swap, lend, borrow, and speculate on tokenized assets through its RWA-focused DeFi ecosystem. Plume currently supports over 200 protocols and has seen activity from more than 18 million wallets on its testnet.
In March, Plume launched a new payment finance product called nPAYFI on its Nest platform. The product offered real yield use cases powered by the PayPal USD (PYUSD) stablecoin.
Plume wanted to bring payment financing on-chain and use PYUSD as a liquidity layer in the real-world asset market.
Assets onchain
Apollo’s Christine Moy, Partner and Head of Digital Assets, said the investment reflects Apollo’s belief in technologies that “broaden access to institutional-quality products and create more seamless, innovative client experiences.” She emphasized Plume’s role in enabling programmable finance and investor engagement for private assets moving onchain.
Plume co-founder Teddy Pornprinya said the partnership supports the company’s goal to go beyond tokenization and focus on making RWAs functional within the crypto economy.
“The challenge is not getting assets onchain, but making them useful once they’re there,” he said.
Unlike traditional RWA solutions that focus solely on asset tokenization, Plume’s infrastructure emphasizes composability and utility. Asset issuers can connect directly to liquidity and distribution networks, positioning Plume as a hub for onchain financial innovation.
