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Plume (PLUME): The Blockchain for Real World Asset Finance (RWAfi)

What is Plume (PLUME)? Plume (PLUME) is a modular, secure, and scalable blockchain infrastructure that focuses on tokenizing and managing real-world assets (RWAs). Tokenization involves turning tangible or intangible assets—such as real estate, commodities, or even intellectual property—into digital tokens that can be traded, collateralized, or used in various blockchain applications. Plume is an ecosystem that provides everything needed for RWA finance (RWAfi), from compliance and data integration to trading and liquidity solutions. By addressing the challenges of security, transparency, and usability, Plume aims to unlock the full potential of RWAs on blockchain. Who Created Plume (PLUME)? Plume's team is built from leaders at top firms like Coinbase, Robinhood, Binance, Galaxy Digital, and LayerZero, bringing unmatched expertise to revolutionize real-world asset tokenization. Chris Yin, CEO, has led product and strategy at Scale Venture Partners and Rainforest QA, while founding Xpenser, acquired by Coupa. Teddy Pornprinya, Chief Business Officer, brings experience from Binance, Coinbase Ventures, and Daiwa Securities. Eugene Shen, CTO, has developed solutions at dYdX and Robinhood Crypto. Marketing is led by Tiffany Lung, formerly of Binance and Plug and Play, while Jason Meng and Ivy Kang drive business development, with experience at LayerZero, Galaxy Digital, and JP Morgan. Victor Hernández leads community efforts, drawing on roles at Binance and Bitso, while Alex Palmer innovates in product, leveraging his entrepreneurial background. What VCs Back Plume (PLUME)? Backing Plume’s development is a robust network of some of the world’s most renowned venture capital firms. These include Brevan Howard, Haun Ventures, Galaxy Digital, Lightspeed Action, Superscrypt, HashKey Capital, Laser Digital (Nomura Group), Selini Capital, 280 Capital, a_capital, SVA, and Portal Ventures. How Plume (PLUME) Works Key Components Plume is a modular, secure, and scalable infrastructure built to simplify the tokenization of real-world assets. It combines three key components: Arc, Smart Wallets, and Nexus. Together, these elements form a robust framework that ensures compliance, facilitates seamless trading, and integrates real-world data on the blockchain. 1. Arc: The Tokenization Engine Arc is Plume’s engine for tokenizing assets, making it simple to create, onboard, and manage tokenized RWAs. Whether the asset is physical (like real estate or commodities) or digital (such as invoices or intellectual property), Arc ensures the process is efficient, secure, and compliant. Arc integrates with compliance and data systems to maintain regulatory alignment and accuracy. By automating many of the traditionally manual steps involved in tokenization, it enables issuers to tokenize assets quickly and affordably. Arc is particularly valuable because it streamlines a process that has often been expensive and complex. With Arc, issuers can focus on the value of their assets rather than the technicalities of bringing them onchain. 2. Smart Wallets: Redefining Asset Management Plume’s Smart Wallets are designed to give users more control over their tokenized assets. Unlike traditional wallets, which are often limited to basic transactions, Smart Wallets offer advanced features such as staking, collateralization, and integration with decentralized finance (DeFi) protocols. These wallets embed custody and compliance features directly into their architecture. This means users can manage their assets securely while navigating regulatory requirements effortlessly. The wallet interface is user-friendly, making it accessible to people with varying levels of blockchain experience. Most real-world asset holdings today are stagnant—they can’t easily interact with DeFi ecosystems. Plume’s Smart Wallets solve this issue by unlocking new possibilities, like earning yields, participating in lending markets, and managing liquidity. 3. Nexus: The Data Highway Nexus is the bridge between the blockchain and the real world. It brings offchain data onchain, enabling new use cases for tokenized assets in areas like prediction markets, lending protocols, and asset valuations. Nexus integrates data from reliable external sources, feeding real-time insights directly into the blockchain. This ensures that users have access to accurate, actionable information when making financial decisions. Data is the backbone of any financial system. With Nexus, Plume ensures that users have the information they need to interact with tokenized assets effectively, whether for trading, lending, or other DeFi applications. Core Features That Set Plume Apart In addition to its architecture, Plume offers a range of features that enhance its value proposition: 1. Built-in AML Compliance Plume integrates anti-money laundering (AML) checks directly into its platform, ensuring that all transactions meet regulatory standards. This simplifies user onboarding and builds trust in the system. 2. Liquidity and Trading Support Liquidity is critical for any financial system. Plume enhances liquidity for tokenized assets by partnering with trusted providers and enabling features like staking, yield farming, and DeFi integration. This reduces slippage and stabilizes asset prices, making the ecosystem more robust. 3. Data Integration and Analytics Through Nexus, Plume provides real-time data feeds that empower users to make informed decisions. Whether you're a lender, borrower, or trader, this data ensures you have the insights needed to succeed in the RWA market. Plume USD Plume’s ecosystem includes Plume USD, a stablecoin designed to support secure payments, trading, and collateralization within RWA finance. Fully backed and maintaining a 1:1 peg with the US dollar, Plume USD is deeply liquid and easy to mint. Users can deposit popular stablecoins like USDC and USDT to mint Plume USD, which can then be used across various DeFi applications on the platform. In the future, Plume USD holders will have access to exclusive yield-bearing opportunities, further enhancing its utility. Security and Transparency Plume prioritizes security, conducting regular third-party audits to ensure its platform remains safe and reliable. Completed audits include reviews of its blockchain infrastructure (based on Arbitrum’s ArbOS, Nitro, and Stylus technologies), cross-chain bridges, and Smart Wallets. Ongoing security measures include: ● Continuous Monitoring: Detecting and responding to unusual activity in real-time. ● Regular Code Reviews: Ensuring adherence to the highest security standards. ● Transparency: Plume publicly shares its audit reports, fostering trust among its users. PLUME Goes Live on Bitget Trading PLUME, the native token of Plume, on Bitget offers a strategic opportunity to participate in a cutting-edge decentralized ecosystem. As Plume continues to gain traction with its innovative features like the Plume Arc, Plume Smart Wallet, and Plume Nexus, the token's utility within this growing network is expected to expand. Spot Trading Link: PLUME/USDT Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget Learning Module 3, Episode 3: Centralized Finance (CeFi) and Decentralized Finance (DeFi)

Welcome back to our Learning Module series. In this article, we dive into the digital finance revolution, where Centralized Finance (CeFi) meets Decentralized Finance (DeFi ), creating a new, inclusive financial world. By the end of this article, you will gain a comprehensive understanding of how CeFi and DeFi converge to shape the future of finance, the unique advantages and challenges of each system, and how Bitget leverages these innovations to offer a secure, versatile, and user-friendly platform. Centralized Finance (CeFi) and Decentralized Finance (DeFi) | Blockchain Pro Understanding CeFi and DeFi Centralized Finance, or CeFi, is the bedrock of traditional finance, operating within the structured, regulated confines of established institutions like JP Morgan. CeFi has long been the guardian of financial transactions, offering a controlled environment where trading, lending, and a plethora of financial activities are conducted under stringent regulations. This traditional model has evolved with the advent of cryptocurrency platforms like Coinbase, which integrate the security of Centralized Finance (CeFi) with the agility of digital innovations. In contrast, Decentralized Finance, or DeFi, emerges as a beacon of autonomy, breaking free from the constraints of centralized oversight. Powered by blockchain technology, DeFi takes out the need for intermediaries, enabling users to directly manage their assets and engage in transactions through smart contracts. This shift not only democratizes finance but also introduces a new realm of financial operations, making it a critical component of the digital finance revolution. Source: AppInventiv.com Bridging Worlds: The CeFi and DeFi Synergy The relationship between CeFi and DeFi is not one of competition but of complementarity. CeFi, with its roots in the traditional banking system, provides a familiar platform for users to engage with the crypto realm through intermediaries like BlockFi, ensuring a blend of innovation and security. DeFi, on the other hand, champions direct user engagement, offering an unprecedented level of control and accessibility in financial transactions. This collaboration between CeFi and DeFi heralds a new dawn for financial inclusivity, addressing the global challenge of connecting almost 1 billion people to the financial ecosystem. DeFi, in particular, stands out as a champion of inclusivity, offering easy access to financial services and fulfilling blockchain's promise of open finance for all, regardless of geographical or economic barriers. Innovation and Inclusivity: The DeFi Revolution DeFi is not just about breaking free from traditional constraints; it's about redefining what's possible in finance. Innovations like staking and credit-free crypto loans, presented by platforms such as Aave and Compound, introduce new opportunities for earning interest and accessing liquidity, challenging the conventional financial landscape. Bitget: A Pioneer at the Intersection At the heart of this financial evolution is Bitget , a platform that epitomizes the synergy between CeFi and DeFi. By adopting the user-friendly interface of CeFi and the empowering technology of DeFi, Bitget offers a secure, flexible, and inclusive platform. This unique positioning allows Bitget to bridge the gap between traditional and digital finance, unlocking unparalleled opportunities for users worldwide. Bitget Wallet stands as a prime example of this CeFi and DeFi convergence, offering our community of 19 million users a gateway to the exciting NFT Marketplace and limitless DApp ecosystems. It embodies the secure and user-friendly environment that Bitget is known for, while leading the exploration into the vast potential of a unified financial ecosystem. That wraps up our dive into CeFi and DeFi, highlighting Bitget as a key player in blending these worlds. We hope this has been an enlightening journey into the promising realm of unified finance. Stay tuned for our next exploration into the dynamic world of finance, and remember—trade smarter.

What Is Ondo (ONDO)?

What Is Ondo? Ondo, or Ondo Finance, is a U.S.-based issuer of tokenized securities. It was established in 2021 with a mission to democratize access to institutional-grade financial products and services using blockchain technology. Ondo represents a blend of traditional financial wisdom and innovative blockchain applications, aiming to improve both the infrastructure and accessibility of financial products. This US-based technology company has made significant strides in tokenizing securities and developing decentralized protocols to enhance the utility and distribution of these tokens. With a leadership team that includes former members of the Goldman Sachs Digital Assets team and partnerships with institutional giants like Blackrock and Morgan Stanley, Ondo stands at the forefront of integrating real-world financial assets with blockchain technology. The company's expansion into the Asia-Pacific region was marked by the opening of its first office in Hong Kong. Ondo offers a range of tokenized products, such as OUSG (exposure to US Treasuries), OMMF (exposure to US money market funds), and USDY (a yield-bearing alternative to conventional stablecoins), allowing investors worldwide to access key US-based asset classes in a tokenized format. This strategic move aligns with the crypto community in Asia-Pacific and the region's desire for high-quality exposure to US assets, further solidifying Ondo's position as a leader in the tokenized securities market. Resources Official Documents: https://docs.ondo.finance/ Official Website: https://ondo.finance/ How Does Ondo Work? Ondo operates at the intersection of traditional finance (TradFi) and decentralized finance (DeFi), offering a unique blend of products and services. At its core, Ondo facilitates the tokenization of securities, such as US Treasuries and money market funds, thereby bridging the gap between conventional financial assets and the blockchain world. This tokenization process involves converting financial assets into blockchain tokens, making them accessible and tradable on decentralized platforms. For instance, their OUSG token is backed by short-term US Treasuries, managed by BlackRock and custodied by major financial institutions like BNY Mellon and JP Morgan. This approach not only democratizes access to premium financial products but also adds a layer of security and transparency inherent to blockchain technology. In addition to tokenizing securities, Ondo has developed decentralized protocols to improve the distribution and utility of these tokens. One such protocol is Flux Finance, a decentralized platform that supports Ondo's tokenized US Treasuries. By leveraging blockchain technology, Ondo ensures that these protocols operate independently, governed by separate entities, thus maintaining a high standard of security and trust. The company emphasizes transparency and legal compliance, regularly undergoing financial and information security audits, and working closely with reputable institutional partners. Ondo's approach to cash management is another cornerstone of its operation. Recognizing the importance of balancing liquidity and yield, Ondo offers products like OUSG and OMMF, which invest in high-quality, liquid real-world assets. This strategy enables effective cash management for crypto-centric organizations and individuals, providing a safeguard against market volatility and inflation while offering potential returns. What Is ONDO Token? The ONDO token plays an important role in the governance of both Ondo Finance and the Flux Finance protocol. It has a total supply of 10 billion tokens. As a governance token, ONDO allows holders to participate in key decision-making processes and contribute to the development of the ecosystem. This includes proposing and voting on changes to the protocols, thereby ensuring a decentralized and community-driven approach to managing these financial platforms. The recent announcement by the Ondo Foundation regarding a points program and a proposal to unlock the ONDO token highlights the ongoing efforts to engage and empower the token holders within the ecosystem. What Determines Ondo’s Price? The price of ONDO token is shaped by a myriad of factors, pivotal among them being market demand, investor sentiment, and the evolving landscape of blockchain and decentralized finance (DeFi). In the context of cryptocurrency price predictions for 2024, potential investors closely monitor the historical price charts of ONDO, assessing its past performance to forecast future trends. The integration of Ondo's token in its unique offerings, such as tokenized US Treasuries and DeFi protocols, also plays a crucial role in determining its value. As the cryptocurrency market continues to mature, with increasing interest in innovative financial solutions, ONDO stands out as a potentially sound investment, especially for those looking to diversify into tokenized assets and participate in the DeFi sector. For those interested in investing or trading Ondo, one might wonder: Where to buy ONDO? You can purchase ONDO on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

Crypto is the Future and Paxos is Charting the Course for its Mainstream Adoption

Crypto is the future. Until recently, uttering that publicly or to a client at the large banks would result in someone being fired. Even so, I can tell you firsthand there are many people who work inside the traditional financial system – people who lived through or cleaned up the messes from 2008 – also believe crypto is the future. So do I. That’s why I am at Paxos. I’ve spent my career in financial services. I’ve worked in reinsurance, at large investment banks as a trader and in asset management. In particular, I spent nearly a decade in the Stable Value world, which is the conservative option most 401k’s rely upon to slowly, methodically increase your holdings, even through 2008’s turbulence. Beneath that boring facade is an exceptionally complicated process involving large bond portfolios, derivatives and financial guarantees. It also includes managing counterparty credit risk, which was rocked in 2008. Through those experiences, I learned three key things that impact the future development of the crypto ecosystem: Understanding the landscape matters. In 2008, the market learned just how interconnected it had become after high-profile failures. What happened in one market had ripple effects in other corners, like derivatives. This interconnectivity can be problematic for developing ecosystems if you don’t know how the entire market is structured, and how much exposure each member of that ecosystem has taken on. The promises of stability come cheap, but delivering that assurance is expensive. Prime funds? Asset-Backed Commercial Paper? Stable Value? Bank deposits? All of these instruments have varying degrees of turbulence due to fundamental issues, a crisis of confidence, or both. As stablecoins and the regulation around them mature, it’s crucial to ask critical questions of issuers promising stability, and to apply the lessons already learned in 2008 to these new structures. Short-term opportunities for yield or to make a quick buck are splashy, but they’re not built for the long haul or a market crisis. JP Morgan was not the market-leading investment bank prior to the financial crisis. Afterwards? It stood alone as a titan where most others either died or had near-death experiences. Building in a future-proof way, durable across all the possible outcomes, matters for long-term survival in a way that most only discover too late. Digital asset providers need to think long-term. Important lessons learned from 2008 can and should be applied to digital assets today. That’s how we’ll ensure the open, digital economy is built to withstand tests of volatility, uncertainty, complexity and ambiguity. Transparency into the entire system is needed so we can more critically evaluate promises of stability. That’s how a well-designed, inclusive digital asset ecosystem built to withstand shocks will emerge and flourish. In short, crypto really is the future. And the most killer application of blockchain yet is the stablecoin. Going forward, Rich Teo (Paxos Co-Founder and CEO Asia) and I are going to cover a number of topics with regard to this key financial innovation, namely: Properties of an ideal stablecoin; How stablecoins can improve the life of everyday consumers; How stablecoins can be a part of fixing the biggest systemic problems in traditional finance; Where crypto companies, financial firms, and regulators need to go in order to achieve this (and where we are failing now); Paxos’ future plans for stablecoins; and Why this all matters. Stay tuned, I hope you enjoy the ride. PAX Gold (PAXG) is Paxos token pegged to gold. Buy and trade PAXG at Bitget now! （By Austin Campbell） This article was first published on Paxos.com on May 9, 2022 and has been edited for the Bitget audience.