The Plume Network recently announced an exclusive partnership with Anchorage Digital. The partnership aims to revolutionize institutional asset management by offering transparent and secure custody solutions related to Plume tokens. The platform posted the details of this collaboration on social media.
We are pleased to announce our unique and industry-changing partnership with @Anchorage Digital Bank and Porto by Anchorage Digital, an institutional self-custodial wallet built with the security and technology Anchorage Digital is best known for.
Once the tokens are live, for the… pic.twitter.com/AdQJxFUZ3f
— Plume Network – RWAfi L1 (@plumenetwork) January 3, 2025
Plume partners with Anchorage Digital and integrates Porto for institutional token custody
Plume Network pointed out that the partnership with Anchorage Digital takes into account the integration with Porto. Porto is Anchorage Digital’s self-custodial wallet for institutions. This integration will reportedly enable Anchorage Digital’s institutional clients to strongly access and manage tokens in the Plume ecosystem following the mainnet launch. In this regard, they can store and interact with the respective tokens. This can provide direct exposure to real on-chain returns.
The partnership signals the potential of a DeFi world to provide opportunities for institutional users to delve into blockchain-driven asset management. With Porto, institutions can access the Plume Network ecosystem, enabling RWA financing simultaneously with on-chain transparency. Therefore, the Plume tokens could lead to significant revenue opportunities.
Collaboration prioritizes transparency and security and provides RWA access onchain
In addition, Anchorage Digital’s users can get diversified portfolios with blockchain-enabled RWAs while maintaining institutional-level security. With this in mind, the development pays significant attention to regulatory compliance and resilient security. This remarkable emphasis on transparency and security increases investor confidence.
According to Plume Network, this partnership marks a milestone in its mission to bridge the gap between the blockchain ecosystem and conventional finance. The combination of Anchorage Digital and Plume Network’s strengths focuses on increasing institutional engagement. Additionally, with Plume Network’s mainnet launch underway, the partnership promises unique opportunities for innovative, compliant and secure institutional custody.
