NEW
YORK, Jan. 22, 2025 /PRNewswire/ -- Plume
Network, the first full-stack L1 RWA Chain for RWAfi (Real World
Asset Finance), today announced its partnership with Whinfell
Partners LLC ("Whinfell") to introduce a range of
institutional-grade credit instruments and diversified
yield-bearing assets to its ecosystem. Leveraging Plume's flagship
staking protocol Nest, Whinfell will bring sophisticated assets and
strategies to Plume's ever growing user base, starting with
Carlyle, Pimco, and Simplify ETFs that will be made available to
early users of Nest in its RWA vault.
Whinfell's expertise will provide users access to previously
hard-to-reach financial products with enhanced transparency and
efficiency. The partnership will feature a variety of structured
credit instruments designed to provide stable returns while
maintaining rigorous compliance and auditing standards.
"By partnering with Plume Network, we're taking a significant
step in democratizing access to institutionally suitable financial
products," said Wes Thornburgh,
Partner at Whinfell. "Our goal is to provide users on Nest with a
secure and streamlined way to access less correlated yield-bearing
assets."
Nest's vaults on Plume network will feature Whinfell's selection
of bespoke public and private credit strategies, available only to
users on Plume. The firm's partners - Wes
and Clark Thornburgh - draw on their decades of experience
with firms such as AXA Investment Management and JP Morgan to
create onchain products that tap into their $5B exclusive asset pipeline.
"We're used to being the 800-pound gorilla in the room, and one
of our most exclusive strategies targets institutional investors
that hold over $100M worth of
Bitcoin," said Clark
Thornburgh, speaking about Whinfell's ability to provide
stable returns to its high-net-worth clients.
This vault and many others are made possible by Whinfell's
partnership with Plural, a tokenization protocol and brokerage that
runs on top of Plume's infrastructure.
"Plural brings renewable energy investing onchain," said
Adam Silver, Plural CEO and
Co-Founder, "but if you dig deeper, you'll see a robust regulatory,
tokenization, and distribution management stack that is critical
for bringing all types of real world assets onchain. Plume will
drive trillions of dollars into RWAs and expand crypto's TVL overall
-- we couldn't be more thrilled to be Plume's preferred
tokenization partner on this journey."
Plume's RWAfi ecosystem will be instrumental in helping Whinfell
effectively launch and manage their tokenized offerings, providing
the necessary infrastructure to support their entry into the
blockchain market. This collaboration not only enhances the user
experience but also sets a new benchmark for integrating
traditional finance with blockchain innovation.
About Whinfell
Whinfell Partners LLC ("Whinfell") is
an asset manager and consultant focused on digital assets, digital
yield and onchain real world assets (RWA). Our professionals have
an average of over 25 years of institutional financial experience
gained from Allstate, AXA, Jefferies, JP Morgan, Lazard, MetLife,
and other world class organizations. Whinfell specializes in
credit, risk management, and environmental project finance
(including voluntary carbon credits and tax credits). Working with
family and institutional clients, we provide services ranging from
portfolio design to monetization of illiquid assets to bespoke
analytics.
About Plural
Plural brings the clean energy transition on-chain. It owns and
operates Plural Securities, a FINRA-member broker-dealer, and is
also an SEC-registered transfer agent. Through Plural, renewable
energy companies can tokenize their assets and conduct compliant
onchain offerings. In the coming months, Plural will offer
white-label tokenization and regulatory services to Plume
issuers—and launch its own assets on Plume. Together, Plural and
Plume will give investors access to billions of dollars in U.S.
energy projects, sustainable Bitcoin mining, DePIN energy networks, and
more.
About Nest
Nest is the flagship staking protocol on Plume enabling users to
earn institutional-grade yields through real world assets. The
permissionless protocol allows fund managers and issuers to create
structured offerings, while giving users access to traditionally
restricted assets and opportunities. The protocol is audited by
Ottersec and SlowMist, and risk-assessed by Cicada Partners. Nest
leverages Plume's infrastructure to democratize access to
institutional yields.
About Plume Network
Plume Network is the first full-stack L1 RWA Chain and ecosystem
purpose-built for RWAfi, enabling the rapid adoption and
demand-driven integration of real world assets. With 180+ projects
building on the network, Plume offers a composable, EVM-compatible
environment for onboarding and managing diverse real world assets.
Coupled with an end-to-end tokenization engine and a network of
financial infrastructure partners, Plume simplifies asset
onboarding and enables seamless DeFi integration for RWAs
so anyone can tokenize real world assets, distribute them globally,
and make them useful for native crypto users.
Learn more at https://plumenetwork.xyz/ or
contact press@plumenetwork.xyz
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SOURCE Plume Network
