According to Odaily, Plume Network, a modular Layer 2 network compatible with Ethereum Virtual Machine (EVM), has announced the completion of a $10 million seed funding round. The funding round was led by Haun Ventures, with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, and Reciprocal Ventures. Angel investors, including Anthony Ramirez of Wormhole Labs and Calvin Liu of Eigenlayer, also contributed to the funding round.
Plume Network is currently focusing on the Real World Assets (RWA) sector. The network's modular design and compatibility with EVM make it a promising platform in the blockchain industry. The recent funding will likely be used to further develop the network and expand its reach in the RWA sector.
The participation of notable investors and firms in the funding round underscores the potential of Plume Network. The network's focus on the RWA sector, which involves the tokenization of real-world assets on the blockchain, could revolutionize how assets are managed and traded. The successful funding round is a significant step forward for Plume Network in its mission to innovate in the blockchain and RWA sectors.