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

Plume has announced a partnership with Sony Block Solutions Labs to unlock real-world yield opportunities for Soneium’s over 5 million ecosystem users.
Plume is an EVM L1 blockchain optimized for the adoption and integration of real world assets (RWAs). By integrating Plume’s interoperability tech SkyLink, which allows assets to interact securely across different DeFi apps and protocols, Soneium is bringing RWA staking and yield to its ecosystem. This gives Soneium users access to asset-backed products such as yield from tokenized US Treasuries and private credit directly from Plume’s full-stack RWA chain.
“The future of RWAfi isn’t just about assets living on a single chain, but enabling real yield to flow seamlessly wherever users are,” said Plume CEO Chris Yin.
“We’re excited to partner with Soneium by Sony Block Solutions Labs to accelerate previously inaccessible yield opportunities for over 5.1 million users in their ecosystem.
As for Soneium, it’s an Ethereum L2 blockchain developed by Sony and Startale’s joint web3 initiative Sony Block Solutions Labs. Rapidly expanding into gaming, the company says it’s working on the launch of web3-enabled mini-apps via LINE, and it recently joined forces with Animoca Brands’ Moca Network to integrate its digital identity system and gaming experiences.
“We’re constantly seeking ways to bring meaningful utility into the web3 space through Soneium,” commented Sony Block Solutions Labs director Ryohei Suzuki.
“The ability to offer access to real-world yield through tokenized assets is a major step forward in making blockchain services relevant to mainstream financial use cases.”
Comments are closed.