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Plume, the first modular EVM Layer-2 built to bring any real-world asset (RWA) onchain, launches its testnet with Celestia underneath with support from partners including Bitget Wallet and Supra.

The ecosystem opens a new venue where crypto natives as well as traditional finance participants can get exposure to, invest, or utilize all forms of RWAs from real estate, collectibles, alternative assets, and more.?

Plume is a public, permissionless ecosystem that simplifies the process of both building as well as interacting with RWAs. Plume offers an end-to-end integrated technology stack that is optimized for bringing all things in the real world onchain/offchain—both through the tokenization of assets as well as through bringing all forms of real world data onchain as well. Projects can easily deploy any type of asset or market on Plume by leveraging their compliant technology stack and also accessing their strong crypto native community.

Chris Yin, CEO and Co-founder of Plume, commented on today’s news, “Plume’s testnet launch is a major unveiling of a future where the real world fully converges with web3. Plume combines the best of both worlds—institutional grade compliance with a crypto native experience to build a home for all RWA participants from the largest financial institutions to retail. We are working with some of the most exciting projects to redefine what RWAs mean through building synthetic or tokenization of all assets from real estate, collectibles, and even more esoteric things like economic data.”