Private Equity Giant Apollo Invests in Crypto RWA Platform Plume | Ivy Kang
Summary
Excited to share the news that Apollo Global Management, Inc. has joined Plumes latest round as strategic investors, to accelerate the tokenization of real-world asset finance (RWAfi). Tokenized assets are projected to be a $30T industry in the next decade and thankful to have financial pioneers share the same vision. Our north star is making traditional assets, such as private funds, equities, fixed income, and more, easily accessible by the millions of users onchain today via stablecoins, while creating net-new usecases for these assets like unlocking secondary market liquidity and composability through DeFi. Special thanks to Christine Moy for leading the investment at Apollo and for being an advocate for Plume and the RWA industry! More details in the Coindesk article here: https://lnkd.in/eYcvAzsn Chris Yin, Teddy Pornprinya, Eugene Y. Q. Shen \U0001fab6