Plume’s new mainnet aims to tokenize real-world assets like real estate and commodities, but faces regulatory and technical hurdles. The network must ensure compliance with diverse global laws governing asset ownership while maintaining DeFi’s permissionless ethos. Early partners include Asian precious metal dealers and European carbon credit platforms.
Liquidity fragmentation poses another challenge, as RWA markets traditionally operate in silos. Plume’s solution involves cross-chain bridges to Ethereum and Solana, plus oracle networks for real-time pricing. However, skeptics note previous RWA projects struggled with custody issues and low adoption.
Success hinges on attracting institutional participants wary of DeFi risks. Plume offers insured custody solutions and KYC-gated pools, but these features conflict with decentralization principles. The network’s traction in Q3 will test whether hybrid models can unlock RWA’s estimated $16 trillion opportunity.