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Soneium taps RWA chain Plume to unlock real world asset staking and yield

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Plume has introduced a partnership with Sony Block Options Labs to unlock real-world yield alternatives for Soneium’s over 5 million ecosystem customers. 

Plume is an EVM L1 blockchain optimized for the adoption and integration of actual world belongings (RWAs). By integrating Plume’s interoperability tech SkyLink, which permits belongings to work together securely throughout totally different DeFi apps and protocols, Soneium is bringing RWA staking and yield to its ecosystem. This offers Soneium customers entry to asset-backed merchandise reminiscent of yield from tokenized US Treasuries and personal credit score straight from Plume’s full-stack RWA chain.

“The way forward for RWAfi isn’t nearly belongings dwelling on a single chain, however enabling actual yield to move seamlessly wherever customers are,” stated Plume CEO Chris Yin. 

“We’re excited to accomplice with Soneium by Sony Block Options Labs to speed up beforehand inaccessible yield alternatives for over 5.1 million customers of their ecosystem. 

As for Soneium, it’s an Ethereum L2 blockchain developed by Sony and Startale’s joint web3 initiative Sony Block Options Labs. Quickly increasing into gaming, the corporate says it’s engaged on the launch of web3-enabled mini-apps by way of LINE, and it lately joined forces with Animoca Manufacturers’ Moca Community to combine its digital identification system and gaming experiences.

“We’re continuously in search of methods to convey significant utility into the web3 house via Soneium,” commented Sony Block Options Labs director Ryohei Suzuki. 

“The power to supply entry to real-world yield via tokenized belongings is a serious step ahead in making blockchain providers related to mainstream monetary use instances.”

Jenny began enhancing the Huge Blockchain Sport Listing in 2021; one thing that shortly sparked a ardour for good blockchain tasks and future prospects for the entire trade.

Aside from enhancing BlockchainGamer.biz, she retains busy cold-plunging, writing, deadlifting, consuming an excessive amount of espresso and taking part in too few quirky onchain video games.



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Tags: assetChainPlumeRealRWASoneiumstakingtapsUnlockWorldYield
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