Institutional assets are rapidly transitioning from simple tokenization to active distribution, reaching capital across onchain markets. Acting as a growing distribution layer for these real-world assets, Plume Vaults have successfully minted $1B+ in total assets. This broader shift across Plume Vaults is clearly reflected by the rapid expansion of nPRIME.
As the newest Vault from Plume, nPRIME has achieved $10M in TVL in slightly more than a week. This growing vault is also set to receive a new allocation from @ether_fi, the onchain neobank focused on digital asset management that currently oversees $6B+ in AUM.
By utilizing @Hastra's PRIME, nPRIME allows investors to tap into yield generated by the Democratized Prime home-equity pool from @Figure and brings it onchain. Created through a collaboration with Figure, the Hastra DeFi protocol offers PRIME as a yield-bearing asset. It is fully supported by loans originating from the $30 billion home equity lending market operated by Figure, effectively introducing an established private credit strategy to open onchain infrastructure.
Discover more about this opportunity by exploring the nPRIME vault here: https://app.plume.org/vaults?utm_source=x&utm_medium=social&utm_campaign=vaults&utm_content=partner_etherfi_nprime
As the newest Vault from Plume, nPRIME has achieved $10M in TVL in slightly more than a week. This growing vault is also set to receive a new allocation from @ether_fi, the onchain neobank focused on digital asset management that currently oversees $6B+ in AUM.
By utilizing @Hastra's PRIME, nPRIME allows investors to tap into yield generated by the Democratized Prime home-equity pool from @Figure and brings it onchain. Created through a collaboration with Figure, the Hastra DeFi protocol offers PRIME as a yield-bearing asset. It is fully supported by loans originating from the $30 billion home equity lending market operated by Figure, effectively introducing an established private credit strategy to open onchain infrastructure.
Discover more about this opportunity by exploring the nPRIME vault here: https://app.plume.org/vaults?utm_source=x&utm_medium=social&utm_campaign=vaults&utm_content=partner_etherfi_nprime