Plume Network secures $20M for tokenization platform
Investors in the round include Brevan Howard Digital, Haun Ventures, Lightspeed Faction and Galaxy Ventures.
Tokenization startup Plume Network has closed a $20-million funding round to support the development of its real-world assets ecosystem.
According to a Fortune report on Dec. 18, the investment round was led by Brevan Howard Digital, Haun Ventures, Lightspeed Faction and Galaxy Ventures. Previous investors in the startup included SV Angels and Portal Ventures.
The funding follows Plume’s testnet launch in July in partnership with Celestia. The company is developing a tokenization ecosystem that will allow holders of tokenized assets to use them as collateral for loans and other forms of yield generation.
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Author: Ana Paula Pereira
