Plume, a Layer-1 blockchain focused on real-world assets, has signed a memorandum of understanding with Shinhan Asset Management, one of South Korea’s largest asset managers, to develop a tokenized investment fund denominated in Korean Won. The fund will be backed by short-term Won bonds, with pilot operations set to run in an offshore jurisdiction. The partnership combines a crypto-native blockchain infrastructure with the financial expertise of Shinhan Financial Group, one of Korea’s largest banking conglomerates. Plume, which already hosts tokenized offerings from WisdomTree with roughly $100 billion in assets under management, is positioning itself as the go-to Layer-1 for RWA tokenization.
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