Plume Network Partners with Superstate to Enhance Tokenized Financial Products

Plume Network and Superstate have partnered to expand access to tokenized financial products, announced on Tuesday.

Key Features of the Partnership

• Access to Funds: Plume Network users will gain access to Superstate’s:
  • Short Duration U.S. Government Securities Fund (USTB): Offers access to short-duration Treasury Bills.
  • Crypto Carry Fund (USCC): Provides access to crypto basis strategies across Bitcoin, Ether, and U.S. Treasury securities.

Vision and Goals

Chris Yin, co-founder and CEO of Plume Network, emphasized that their selection as Superstate’s first chain expansion validates their vision of a robust Real World Asset finance (RWAfi) ecosystem to promote institutional-grade asset adoption.

Superstate specializes in offering investment opportunities to crypto-native institutional investors via tokenized financial products. Plume Network, a full-stack Layer 1 blockchain, continues to enhance its portfolio of tokenized real-world assets, having previously announced plans to tokenize solar assets, mineral rights, and Medicaid claims.

Robert Leshner, founder of Superstate, stated that the company’s goal is to provide institutional-grade tokenized assets to every major blockchain. He also noted that Plume Network’s unique RWAfi chain presents an opportunity to showcase innovative use-cases for tokenized assets.