San Francisco, CA, US, September 11th, 2024, Chainwire

Plume Network, the first modular EVM chain designed to bring any real-world asset (RWA) on-chain, is excited to announce the launch of the Mineral Vault fund from the Allegiance Oil & Gas family of companies, which has over $1 billion in assets under management (AUM). This development simplifies complexities surrounding mineral interest management and opens new investment opportunities for a wider array of participants. By utilizing Plume’s composable RWAfi infrastructure, users on both Plume and Mineral Vault stand to benefit from enhanced liquidity, streamlined portfolio management, and greater transparency.

“Our partnership with Mineral Vault and Allegiance Oil & Gas represents a major step forward in reshaping how the energy industry manages assets,” stated Chris Yin, Plume CEO/Co-Founder. “Plume is dedicated to constructing the ecosystem and technologies that simplify and incentivize investors and institutions across various industries to generate new capital, starting with oil/gas, one of the most traded and lucrative commodities.”

Background on Mineral Vault

The U.S. is unique in permitting mass private ownership of mineral interests, historically confining global investment to U.S. investors. However, the advent of Mineral Vault’s tokenization makes this lucrative asset class available to investors globally. This innovation facilitates access to mineral interests, circumventing the complexities related to traditional assets and the volatility common in cryptocurrencies.

Mineral interests are tied to tangible commodities and provide stability and diversification as opposed to speculative cryptocurrencies. The launch of Mineral Vault signifies a vital opportunity to diversify into RWAs and engage with the emerging on-chain commodities market, which currently presents limited opportunities.

Tokenizing mineral interests offers a stable investment avenue, providing financial exposure to resource productions such as gold, silver, coal, and primarily crude oil and natural gas in the U.S.

Why Plume Is The Ideal Fit For Mineral Vault

Allegiance Oil & Gas selected Plume Network for this initiative due to its robust and scalable RWAfi infrastructure, specifically designed for the tokenization and management of RWAs through a crypto-first approach integrated into a traditional finance (TradFi) framework. Plume’s platform enhances the end-to-end process of tokenization, including compliance features, deploying digital assets, and fostering a cohesive RWAfi ecosystem.

“We are thrilled to partner with Plume Network for the launch of Mineral Vault. Plume’s advanced technology and modular infrastructure align perfectly with our vision for revolutionizing mineral interest management. This collaboration will increase liquidity and transparency and expand investment access to a global audience, setting a new industry standard,” said Blake Morgan, CEO of Mineral Vault.

By providing access to a broader investor base, Plume Network promotes greater market participation and liquidity. This democratization of investment opportunities aligns with Plume’s long-term goal of spearheading the tokenization of real-world assets and transforming their management and trading processes through RWAfi.

About Mineral Vault

Mineral Vault is the first initiative to tokenize mineral interests, created by the principals of the Allegiance Oil & Gas family of companies, which manages over $1 billion in AUM and specializes in high-quality investment opportunities within the mineral rights sector. The Mineral Vault I token represents a groundbreaking effort to leverage Plume’s RWAfi infrastructure for tokenizing mineral interests, offering global investors a secure and transparent pathway to invest in this valuable asset class.

About Plume Network

Plume is the first modular real-world finance (RWAfi) blockchain dedicated to all RWAs, integrating tokenization and compliance providers directly into the chain. Its mission is to simplify the often convoluted processes surrounding RWA project deployment while offering investors a blockchain ecosystem conducive to cross-pollination and investment in various RWAfis. Plume further enables RWAfi composability via its robust DeFi applications, connecting users with high-quality buyers to boost liquidity for all tokenized RWAs. For more information, visit their website and social media: Plume Network.

Contact:
CMO
Tiffany Lung
Plume Network
tiffany@plumenetwork.xyz

This article was originally published on Chainwire