Domestically, everyone is buzzing about Bitget's crisis management, while overseas communities are more focused on the future of web3, such as the RWA sector that's poised for takeoff. RWA hasn't reached a winner-takes-all situation yet, so betting on several projects increases the chances significantly. I'm particularly optimistic about: $Ondo, $Plume, $OM. Coincidentally, Plume's Q1 summary was released these days, and according to the announcement, they mainly accomplished three things: 1⃣ Apollo Global, the world's third-largest private equity giant, made its first investment in a crypto project with Plume, marking a clear signal of traditional capital entering the RWA sector. 2⃣ Launched Skylink, instantly connecting 17 chains to enable RWA yields to circulate across multiple chains, including Solana and Injective. 3⃣ Included in Grayscale's "Assets Under Consideration" report, which is akin to having one foot in the "mainstream capital product pool," allowing for long-term capital inflow benefits. Regarding on-chain assets, Plume's flagship RWA vault product, Nest, has surpassed $50 million in total value locked (TVL) on the Ethereum mainnet. There are many positives, but the token price has been fluctuating between 0.15-0.2 for a long time. The project is about to go live on the mainnet, which might lead to new value discovery.
As we gear up for an exciting Q2, we're thrilled to share our first public investor update and a sneak peek of mainnet from @chriseyin to the Goon Fam. 🪶 Our Goon Fam deserves the inside scoop, and this is just the first of a series of regular updates where we'll be covering milestones from growth, brand, product, ecosystem, and more. Plume has always been for the People. We believe in transparently building alongside our community, and we're committed to growing RWAfi and the rest of the crypto pie, together.
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