Plume has introduced a partnership with Sony Block Options Labs to unlock real-world yield alternatives for Soneium’s over 5 million ecosystem customers.
Plume is an EVM L1 blockchain optimized for the adoption and integration of actual world property (RWAs). By integrating Plume’s interoperability tech SkyLink, which permits property to work together securely throughout totally different DeFi apps and protocols, Soneium is bringing RWA staking and yield to its ecosystem. This provides Soneium customers entry to asset-backed merchandise akin to yield from tokenized US Treasuries and personal credit score instantly from Plume’s full-stack RWA chain.
“The way forward for RWAfi isn’t nearly property dwelling on a single chain, however enabling actual yield to stream seamlessly wherever customers are,” stated Plume CEO Chris Yin.
“We’re excited to companion with Soneium by Sony Block Options Labs to speed up beforehand inaccessible yield alternatives for over 5.1 million customers of their ecosystem.
As for Soneium, it’s an Ethereum L2 blockchain developed by Sony and Startale’s joint web3 initiative Sony Block Options Labs. Quickly increasing into gaming, the corporate says it’s engaged on the launch of web3-enabled mini-apps by way of LINE, and it just lately joined forces with Animoca Manufacturers’ Moca Community to combine its digital id system and gaming experiences.
“We’re continuously in search of methods to carry significant utility into the web3 area by Soneium,” commented Sony Block Options Labs director Ryohei Suzuki.
“The flexibility to supply entry to real-world yield by tokenized property is a significant step ahead in making blockchain companies related to mainstream monetary use instances.”