Plume and Chateau Capital join forces to unlock $500m private market investments

Plume Network, a fully integrated layer 1 modular blockchain for real-world asset financing, is partnering with Chateau Capital to tokenize illiquid assets and unlock more than $500 million in private market investment.

The partnership aims to bring world-class private market investments to the chain, Plume Network and Chateau Capital announced in a press release.

This collaboration is expected to democratize private markets by offering new opportunities to global investors.

Chateau Capital’s decentralized finance infrastructure, which bridges traditional finance and DeFi, will play a central role in the partnership. The initiative will enable investors to access institutional-grade investment opportunities through the conversion of traditionally illiquid assets into malleable ERC20 tokens. These assets include hedge fund strategies, pre-IPO stocks, and private equity investments, among others.

Plume will offer access to these investments at prices as low as 1 USDC, allowing retail investors to benefit from opportunities traditionally reserved for institutional investors. Current examples of pre-IPO sharing include leading stablecoin issuer Circle, artificial intelligence startups Anthropic and OpenAI, and internet technology giant ByteDance.

“This partnership represents a tremendous step towards the democratization of Private Markets. “With this integration, anyone can access elite private market deals through tokenized assets built for the DeFi era,” said Hao Jun Tan, CEO of Chateau Capital.

Plume and Chateau’s partnership comes a day after the Plume team announced a major collaboration with RWA platform Zoth and SC Ventures-developed digital infrastructure platform Olea.

Zoth, Plume, and Olea aim to leverage their technologies to accelerate on-chain adoption of fixed income pools.

Various partnerships are part of the massive growth seen in the tokenized RWA market. On-chain RWA is now a $13.7 billion market, representing 4.7% growth last month.

Leave a Reply

Your email address will not be published. Required fields are marked *