Plume -token jumps by 20%, while YZI Labs invested in Plume network
Plume -token jumps by 20%, while YZI Labs invested in Plume network
- plume rose by 20%after Yzi Labs had announced an investment in the Plume network
- The price of cloud reached 0.18 USD, not far from its all -time high of $ 0.21
- Plume has collected donations from Brevan Howard, Haun Ventures and Galaxy.
The native Token cloud of Plume Network rose by 20% as YZI Labs, formerly Binance Labs, his investment in the Layer 1 network.
The plume rose sharply to reach intraday highs of $ 0.18, with these bulls pressed onto the all-time high of $ 0.2108. The Altcoin reached this price level in January 2025.
by Coingecko data at the time of writing, the bulls were only 15% of this climax.
yzi Labs invests in the Plume network
plume network is a crypto platform that aims to close traditional financing and decentralized financing.
In the past few months, the project has attracted attention and investment. Above all, it is due to the traction of the project on the real asset market. Since it wants to bring the RWA chain, Plume supported Brevan Howard Digital, Haun Ventures and Galaxy.
yzi labs is another risk capital heavyweight that supports the RWAFI initiative of the Plume Network, such a Announcement .
The investment underlines the potential of Plume and sees Changpeng 'Cz' Zhao Laboratory, the YZI -Labore at the interface of Tradfi and Defi in RWA, continue artificial intelligence and other sectors.
In a comment on the investment, the investment director of Yzi Labs said Max Coniglio:
"At YZI Labs we invest in projects that use blockchain technology to achieve real effects, and Plume is a main example of bringing real assets to unlock new capital, expanding access and promoting adoption. By becoming as seamlessly as any other digital asset, plume bridges traditional finance and defi and defi and defi and defi. Pay the way for a broader acceptance.
While today's announcement has not disclosed the financial conditions of the investment, this adds to previous financing trains that aim to increase the growth of the plume. In October 2023, the project collected 10 million US dollars in a seed round under the direction of the VC company Haun Ventures.
yzi took part in the financing contract.
In this latest cooperation, Chris Yin, Chief Executive Officer and co -founder of Plume Network, said:
"The investment of YZI Labs increases our vision of building up a robust RWAFI ecosystem that drives the introduction of institutional assets and at the same time enables crypto-native users."
who still has the featherback?
plume recently drawn important collaboration with superstate, Fireblocks, Aethir, Bouncebit, Mercado Bitcoin and Moca Network.
As already mentioned, Yzi Labs renamed Binance Labs at the beginning of this year. The venture capital company is now a family office, and the co-founders of Binance Changpeng Zhao and Yi he at the top.
The company's investment in the RWafi project indicates that what it will probably achieve on the market.
other projects that have received a remarkable adoption are ONDO FINANCE and MANTRA.
Source: Coinlist.me