According to BlockBeats, on September 27, Plume Network, a RWA L2 network, announced its inclusion in the Tokenized Asset Coalition (TAC). The network aims to facilitate the tokenization of over $3 billion in assets, collaborating with industry leaders to enhance the tokenization of physical assets, simplify regulatory processes, and foster decentralized financial innovation. During its testnet phase, Plume processed more than $280 million in on-chain transactions, engaging over 18 million wallet users.

TAC selected 21 new members from a pool of over 175 applicants, with notable entrants including a16z, Arbitrum, Aptos, Galaxy Digital, Wisdom Tree, Axelar, and Hashnote. The coalition’s ambitious goal is to tokenize over $1 trillion in assets, promoting the adoption of public blockchains, asset tokenization, and institutional DeFi.

Previously, Plume Network secured $10 million in seed funding, led by Haun Ventures, signaling strong backing for its mission.