Plume Network Joins Tokenized Asset Coalition

According to BlockBeats, on September 27, the RWA L2 network Plume Network announced its successful inclusion in the Tokenized Asset Coalition (TAC). Plume Network aims to facilitate the tokenization of over $3 billion in assets and will continue collaborating with industry leaders to enhance the tokenization of physical assets, streamline regulatory processes, and drive decentralized financial innovation. During its testnet phase, the project processed over $280 million in on-chain transactions, attracting participation from more than 18 million wallets. TAC selected 21 new members from over 175 applicants, including Plume Network, a16z, Arbitrum, Aptos, Galaxy Digital, Wisdom Tree, Axelar, and Hashnote. The coalition's goal is to tokenize over $1 trillion in assets, promoting the adoption of public blockchains, asset tokenization, and institutional DeFi. Previously, Plume Network completed a $10 million seed funding round led by Haun Ventures.