Plume Network, the first full-stack modular Layer-1 blockchain platform focusing on Real World Asset Finance (RWAfi), has announced a $25 Million RWAfi Ecosystem Fund to support the tokenization of real-world assets and early-stage RWAfi projects on its platform. The initiative aims to advance RWA tokenization and address the growing interest in DeFi solutions that incorporate real-world assets including treasuries, […]
Frax Finance, a decentralized stablecoin cryptocurrency protocol, today announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, to deliver a secure, transparent, and fully auditable backing mechanism. The frxUSD stablecoin, a rebranded evolution of Frax’s flagship FRAX stablecoin, offers direct fiat redemption capabilities and enhanced compliance with U.S. financial systems. As […]
