Plume hosted a private dinner with Fidelity during Token2049 in Singapore.
The conversation covered tokenization, distribution, and how traditional funds reach holders onchain.
Thank you to everyone who joined us, including @Bybit_Official, @bitget, @ether_fi, @binance, @monad, @SuperstateInc, and more!
Insurance for insurance companies, turned into a yield token. Here’s how @onrefinance’s ONyc is set to reach @monad through @plumenetwork ⬇️
https://t.co/z161ceod8B
Plume Network vs. Ondo Finance: Two Takes on Tokenization
So, how are @plumenetwork ($PLUME) and @Ondo ($ONDO) approaching the tokenization of real world assets?
Both projects aim to bring traditional financial assets onchain. But they approach the opportunity from different angles.
Plume is building infrastructure for real world asset finance, with a focus on making these assets usable across onchain applications.
Ondo, meanwhile, focuses on bringing traditional financial products, including US Treasuries and tokenized stocks, onto blockchain networks, and is now building infrastructure around them.
Here’s where their approaches differ.
(1) Plume is building an ecosystem for RWA finance.
Plume is designed to support the issuance, distribution, and use of tokenized real world assets. Its approach extends beyond representing an asset onchain.
The goal is to help those assets interact with lending markets, trading applications, and other DeFi services.
Its stack includes Arc (@Arc) for tokenization and Nest for yield vaults, with compliance tools such as KYC and sanctions screening built into the chain.
(2) Ondo started by bringing traditional financial exposure onchain
Ondo has built products around tokenized US Treasuries and 450+ tokenized stocks and ETFs.
Its tokenized offerings aim to give eligible users blockchain based access to traditional market exposure, subject to product and regional restrictions. It has since added Ondo Chain and an SEC-registered transfer agent.
(3) Their starting points are different.
Plume began as a chain built for RWA finance, with compliance and DeFi tools at the protocol level.
Ondo began with the assets themselves and is building outward toward the rails.
(4) Tokenization is only the first step.
Putting an asset onchain does not automatically make it liquid, widely accessible, or usable as collateral. Issuers still need to address custody, compliance, investor eligibility, and the rights attached to each token.
At the end, Plume and Ondo are not simply competing to put assets onchain. They represent two approaches to a broader question: how should traditional finance work on blockchain rails?
ONyc is coming to @Monad through nONYC.
Built by @onrefinance, ONyc gives onchain exposure to reinsurance-backed yield, with returns generated from underwriting premiums and collateral rather than crypto-native incentives.
Until now, ONyc has been available only on Solana. nONYC packages the asset through Plume Vaults, making it deployable across supported EVM networks and opening access to new sources of capital and liquidity.
With more than $225M deployed across Solana DeFi, ONyc has already established itself as a significant RWA onchain.
Now, it’s moving beyond its original ecosystem.
This is what RWA distribution looks like: taking institutional assets that already exist and making them accessible across the networks where capital is already moving.
Don't miss Plume's General Counsel @banamlas at DC Fintech Week tomorrow, where he'll discuss tokenized market risk and the regulatory questions that come with cross-border markets.
🟣 $MANTRA Era
We are getting close to the end of the beginning of a new chapter.
@Binance X @MANTRA_Chain conversions all running smoothly, $MANTRA trending.
All we need now is @jp_mullin888 to come onto In The Trenches when he is free to go over the move and the next steps.
🚨 FINAL CALL: 1 HOUR LEFT TO VOTE
@MANTRA_Chain's Governance Proposal #28 is still LIVE‼️
💎Increase Active VERIFIED $OM 🔜 $MANTRA Validators Set from 33 to 38 to allow more decentralization onchain.💎
Vote 👉 https://t.co/1MEs0pxnXB
OR 👇
https://t.co/FS0RM5LYys
1/2 Let's make MANTRA Chain even more secure and decentralized. 🫡🕉
"The validators processing your transactions tomorrow won't be anonymous entities. They'll be professional operators with public reputations."
Read this article for a deep dive into the KYV standard: https://t.co/smaCH21Z83
Especially in market downtrends, projects prefer not to sell their native tokens to fund building and growth.
Enter $mantraUSD, where US Treasury rewards flow to ecosystem builders to support development.
Why tokenize private credit with MANTRA Chain?
✔️ First MultiVM Layer 1 for real world assets (EVM + CosmWasm)
✔️ VASP license from @varadubai = compliant tokenization
✔️ Decentralized ID (DID) system = reusable KYC/AML verification
✔️ Secured by institutional validators 👇
@googlecloud@Anchorage@nansen_ai@Ledger@InveniamIO & more
I wanted “it” badly when we launched 5 years ago.
I needed “it” when we came back from the dead at the end of 2023.
But there’s nothing I’ve ever felt more passionate about than the c🕉️eback we’re going to make this time.
JNF.
🫡🕉️
8/ We’re planning an upgraded token (new ticker + potential split).
To be very clear this means
👉 No rebrand. Just a refresh.
👉 No tokenomics change. No dilution to holders.
👉 Seamless upgrade - no action required.
A fresh start for MANTRA EVM and exchanges.
On OM, again.
Mantra released a thread with some relevant updates, we’re quoting just one of them (point 8).
“We’re planning an upgraded token (new ticker + potential split)… No rebrand. Just a refresh.”
To us, that is a rebrand, maybe not in branding terms, but in intent.
It sounds like a way to start fresh, to move past a history of extreme, disastrous volatility. And we get it…perception matters. New chain, new ticker, new phase.
But history shouldn’t be erased. It’s better when it’s visible, it shows the scars, and scars tell stories of survival.
They remind everyone that despite the pain, a community stayed, believing in a huge turnaround.
Because the truth is, the overall direction, fundamentals, and recent deliveries are positive. And if they keep executing from here, the scars may turn into credibility.
That’s how resilience looks when it finally meets results.
If it were up to us, we’d proudly keep the ticker $OM very alive.
#CryptoFundamentalist
#ConvictionOverNarrative
🔐 Safe multisigs are now LIVE on MANTRA Chain.
@Protofire has deployed @safe - the gold standard for multisig infrastructure, enabling developers, institutions, and DAOs to securely manage treasuries on the L1 built for RWAs.