Plume, the RWAfi (real world asset finance) chain, and Goldfinch, the onchain private credit platform, announced a partnership to expand access to high quality private credit assets on Plume’s RWA staking platform, Nest.
This partnership will reportedly aim to widen access to institutional-grade private credit funds and make them accessible within Plume’s ecosystem.
By leveraging Goldfinch Prime’s compliant, composite private credit product, Nest enables users “to access sustainable yield in a liquid product.”
Private credit has emerged as one of the “fastest growing” sectors in the financial industry, providing businesses with “essential expansion financing amid stringent banking regulations.”
As a key player focused on bringing RWAs onchain, Goldfinch has enabled thousands of users “to access sustainable, productive yields.”
While private credit has been reserved for wealthy investors, Plume claims that it is democratizing access through this integration with Goldfinch Prime.
For Plume, this partnership reportedly strengthens its staking protocol by adding institutional-grade private credit to its yield offerings.
Through Nest’s vaults, users gain access to an asset class that complements Plume’s RWAfi ecosystem, “transforming these traditionally restricted investment vehicles into permissionless, liquid assets that any Plume user can easily access.”
Goldfinch Prime brings together alternative asset managers including Apollo, Ares, Golub, and Stellus – who collectively manage over $1T – through specially “built rails that subscribe into these funds and stream yield onchain.”
The Goldfinch Prime token is a composite product – “using specially built rails to subscribe into these funds and stream their yield onchain.”
Through Plume’s Nest vaults, these private credit yields “become permissionless, liquid, and composable within Plume’s RWAfi ecosystem, enabling access to sustainable 10-12% returns.”
Goldfinch Prime is establishing itself as the private credit product by partnering with multiple managers “to offer an indexed private credit product with a single token.”
The platform continues to add world class asset managers, bringing institutional yield products directly into DeFi.
This collab between Plume and Goldfinch will accelerate tokenization of the alternative asset industry, “allowing investors to buy, trade, and collateralize high-quality yield products in a significant advancement for the space.”
Goldfinch was started over 4 years ago with the mission to “bring real world finance onchain.”
Goldfinch Prime represents the next evolution in that mission, “as it brings the biggest and best private credit funds in the world onchain, in one simple, diversified investment.”
Funds like Ares, Apollo, Golub and more, who collectively “manage over $1T of assets are now available around the world in a low cost way through stablecoins and the blockchain.”
As noted in the update, Plume is described as the full-stack L1 RWA chain purpose-built for Real World Asset Finance (RWAfi), enabling the “integration and adoption of real world assets through its ecosystem.”
With 180+ protocols building on the network and a $25M RWAfi Ecosystem Fund for early-stage projects, Plume offers a “composable,” EVM-compatible environment “for onboarding and managing diverse real world assets.”
Coupled with a tokenization engine and a network of financial infrastructure partners, Plume enables seamless DeFi “integration for RWAs so anyone can tokenize real world assets, distribute them globally, and make them useful for crypto-native users.”