Plume Network, the first full-stack layer 1 RWA blockchain, partners with Cobo, a well-known platform for wallet infrastructure and digital asset custody. The aim of the collaboration is to promote the accessibility of real returns among institutional investors. Top investors such as Galaxy, Huan Ventures and Brevan Howard Digital are reportedly backing the platform in this regard.
The path to institutional RWA returns starts with trusted custody.
We welcome @Cobo_Global to provide their 500+ institutional clients with access to real returns through their proven infrastructure. pic.twitter.com/WlmiGjI6ub
— Plume Network – RWAfi L1 (@plumenetwork) January 17, 2025
The endeavor takes advantage of Cobo’s resilient custody infrastructure to meet user needs. Therefore, Cobo users can access the Plume blockchain to seamlessly interact with Plume’s extensive system of dApps, RWA yields, and tokenized RWAs.
Plume Network joins Cobo to offer advanced infrastructure
Plume Network announced that its partnership with Cobo will enable the latter’s customers to achieve real returns through the former’s efficient infrastructure. Plume Network has built a remarkable reputation for prioritizing the tokenization of real-world assets such as commodities and real estate. The current collaboration opens the platform’s ecosystem to more than five hundred Cobo institutional customers.
The partnership plays a crucial role towards mainstream RWA adoption and delivers a reliable storage solution. It reportedly supports more than eighty blockchains, while there are more than 3,000 tokens. The integration enables Cobo users to leverage Plume’s innovative ecosystem and expose the Plume network to a broader audience. As a result, it aims to expand the reach of blockchain technology.
Integration increases RWA integration into the Blockchain landscape
According to Plume Network, Cobo’s institutional clients have direct access to the ecosystem of tokenized yields and real-world assets. In addition, the joint effort also stimulates the connectivity, growth and accessibility of the Cobo ecosystem. This could contribute to the acceptance of blockchain technology in the conventional financial world. Moreover, the partnership is poised to set exclusive standards for RWA integration in the blockchain domain.