Over $600M has now settled through Plume's RWA vaults, with $100M flowing into a single vault.
The shift here isn't just the size — it's the delivery method. Institutional capital in real-world assets typically shows up wrapped in traditional fund structures, layers of intermediaries, and legacy rails.
Seeing it move directly onchain changes the game. No fund wrapper, no conversion theater — just capital settling natively in crypto infrastructure.
This is what RWA adoption actually looks like when it stops being a narrative and starts being infrastructure. Institutions aren't just dipping toes anymore; they're routing serious size through onchain rails because the friction is finally low enough to justify it.
The question now: does this become the new standard, or does regulatory/operational reality pull it back into hybrid models? Worth watching how custody, compliance, and liquidity evolve around these direct flows.
The shift here isn't just the size — it's the delivery method. Institutional capital in real-world assets typically shows up wrapped in traditional fund structures, layers of intermediaries, and legacy rails.
Seeing it move directly onchain changes the game. No fund wrapper, no conversion theater — just capital settling natively in crypto infrastructure.
This is what RWA adoption actually looks like when it stops being a narrative and starts being infrastructure. Institutions aren't just dipping toes anymore; they're routing serious size through onchain rails because the friction is finally low enough to justify it.
The question now: does this become the new standard, or does regulatory/operational reality pull it back into hybrid models? Worth watching how custody, compliance, and liquidity evolve around these direct flows.