Partnership Announcement: Plume Network and Truflation | Truflation
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Partnership Announcement: Plume Network and Truflation

Published 22 Apr, 2024

Plume Network, the pioneering modular Layer 2 solution for real-world asset (RWA) tokenization, is excited to announce its partnership with Truflation, the leading Definite Reference Point (DRP) for economic veracity in decentralized finance (DeFi). The partnership between Truflation and Plume Network represents a shared commitment to expanding offerings and unlocking the potential of real-world asset tokenization within the DeFi space.

Truflation will introduce its oracles on Plume Network, enabling the ecosystem of RWA protocols and projects to create a diverse array of products, including access to collectibles, alternative assets through synthetic tokens, private credit, commodities, real estate, and bonds. Emphasizing compliance, including KYC, this partnership facilitates both institutional product development and composability with DeFi.

With the backing of industry titans like Coinbase and Chainlink, Truflation brings independent, transparent, and real-time financial data to the DeFi ecosystem, enhancing it with censorship-resistant infrastructure. Plume Network, as the first modular RWA Layer 2 platform, is dedicated to seamlessly onboarding RWA projects and new capital on-chain by integrating asset tokenization and compliance providers.

Plume's overarching mission is to create a cost-efficient and secure ecosystem, streamline RWA project development, enable composability, and provide investors with access to a diverse range of tokenized real-world assets. By joining forces, both Truflation and Plume Network are poised to drive innovation, foster growth, and usher in a new era of financial inclusion and accessibility in the Web3 space.


About Plume Network

Plume Network is the first modular RWA Layer 2 platform, streamlining the onboarding of RWA projects and new capital on-chain. With a mission to create a cost-efficient and secure ecosystem, Plume enables composability and provides investors with access to diverse tokenized real-world assets and integrates asset tokenization and compliance providers directly into the chain. Our mission is to simplify the convoluted processes of RWA project deployment and offer investors a blockchain ecosystem to cross-pollinate and invest in various RWAs. In addition, Plume enables RWA composability through its thriving DeFi applications and provides access to high-quality buyers to increase liquidity for all tokenized RWAs.

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About Truflation

Empowered by Coinbase and Chainlink, Truflation stands as the foremost DRP (Definite Reference Point) for economic veracity, driving the tokenization of Real World Assets through its independent, transparent, and real-time financial data. With a comprehensive index tracking over 13 million items, Truflation offers censorship-resistant data infrastructure (Truflation Stream Network), fueling systemic advancements in the DeFi economy. This empowers decentralized applications (dApps) such as DEXs to unlock boundless markets. From predicting orange juice and uranium prices, to facilitating BTC-denominated oil, gas, and corn markets, Truflation unlocks a diverse range of financial instruments, heralding a new era in the Web3 landscape.

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