[PRESS RELEASE – New York City, United States, March 5th, 2025]
Plume, the primary L1 Chain purpose-built for Actual World Asset Finance (RWAfi), and Cicada, a number one market maker, liquidity supplier, and enterprise capital agency, immediately introduced a strategic funding program. This program goals to speed up the adoption of RWAfi by offering funding, infrastructure help, and market-making experience to early-stage blockchain initiatives in RWAfi and RWAI.
This funding program is designed to speed up the evolution of RWAfi – shifting past fundamental tokenization to create new monetary infrastructure that reimagines how actual world property function onchain. By combining Plume’s full-stack RWA infrastructure and tooling with Cicada’s deep experience in liquidity administration, this system offers chosen initiatives with the technical basis, capital, and strategic ecosystem and market help to scale successfully.
Chosen initiatives will obtain funding packages starting from $50,000 to $100,000, and can achieve entry to core Plume infrastructure instruments and applications corresponding to Arc (full-stack tokenization engine), Nexus (environment friendly, real-time information integration framework), Passport (composable, compliant good wallets), and Plume’s Aviation Academy. Initiatives additionally profit from Cicada’s established market-making experience, making certain sturdy liquidity foundations and value stability by way of launch and past.
“Constructing a strong RWAfi ecosystem requires each technical infrastructure and powerful market fundamentals,” stated Teddy Pornprinya, CBO and Co-Founding father of Plume. “Earlier this 12 months, we introduced our $25M RWAfi Ecosystem Fund and $10M RWAI Initiative – we’re now ecstatic to take our ecosystem improvement progress one step additional with the Cicada group, offering a launchpad for builders that may outline the following era of strong RWA functions.”
“We strongly imagine in the way forward for RWAfi and its capacity to deliver actual monetary use circumstances to DeFi,” stated Daniel Kislinskiy, Head of Enterprise Improvement at Cicada. “Partnering with Plume permits us to mix our experience in market making, liquidity administration, and enterprise investments to help actual builders on this house. We see this fund as a possibility to assist RWA initiatives scale successfully whereas making certain robust monetary infrastructure and liquidity help.”
Cicada operates throughout greater than 30 exchanges and serves over 40 purchasers, specializing in market making, liquidity provisioning, and enterprise investments. The corporate helps blockchain initiatives in reaching profitable launches, sustaining liquidity, and fostering long-term market stability.
Who Can Apply
This system is open to early-stage initiatives constructing in:
- Actual World Belongings Finance (RWAfi) – Tokenized monetary merchandise, asset-backed stablecoins, and onchain institutional finance options.
- RWAI – AI-powered buying and selling methods and automatic lending/portfolio administration
Builders in these sectors are inspired to use and achieve entry to Plume’s full-stack RWA infrastructure and ecosystem help, alongside Cicada’s liquidity methods, funding community, and market experience.
Builders can apply right here: https://www.cicada-mm.com/application-form
About Cicada
Cicada is a market maker, liquidity supplier, and enterprise capital agency, supporting Web3 initiatives at each progress stage. With a powerhouse group of fifty+ merchants and quants, Cicada manages $100M+ in AUM and companions with over 50 lively purchasers throughout CEX and DEX markets. The agency makes a speciality of:
- Market Making & Liquidity – Order e book administration, CEX liquidity compliance, arbitrage and TGE & itemizing methods
- Enterprise Investments – Partaking in strategic, seed, and pre-seed funding rounds.
- DeFi Liquidity Methods – Supporting staking, swimming pools, and DeFi integrations.
For extra data, customers can go to Cicada’s website.
About Plume
Plume is the primary full-stack L1 RWA Chain and ecosystem purpose-built for RWAfi, enabling the speedy adoption and demand-driven integration of actual world property. With 180+ initiatives constructing on the community, Plume provides a composable, EVM-compatible setting for onboarding and managing various actual world property. Coupled with an end-to-end tokenization engine and a community of economic infrastructure companions, Plume simplifies asset onboarding and permits seamless DeFi integration for RWAs so anybody can tokenize actual world property, distribute them globally, and make them helpful for native crypto customers.
Customers can study extra at https://plumenetwork.xyz/ or contact press@plumenetwork.xyz
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