BounceBit partners with Plume Network to expand real-world asset offerings
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Leading CeDeFi protocol continues RWA expansion following successful Ondo Finance integration.
BounceBit, the institutional-grade CeDeFi infrastructure provider with nearly $700M in unincentivized Total Value Locked (TVL), today announced a strategic partnership with Plume Network, the first fully integrated Layer-1 blockchain focused on Real World Asset Finance (RWAfi). This collaboration follows BounceBit’s successful integration of tokenized Treasury bills through Ondo Finance, marking another milestone in the protocol’s RWA strategy.
As the second-largest basis trading protocol in crypto, BounceBit has established itself as a leading CeDeFi platform, offering institutional-grade yield products without token incentives. The partnership with Plume Network, which brings $4.5B+ in committed assets and over 180 integrated protocols, aims to expand the range of real-world assets available to BounceBit users.
“This partnership with Plume Network represents a natural progression in our RWA strategy,” said Jack Lu, Founder and CEO of BounceBit. “Following the successful integration of tokenized T-bills, we’re expanding our offerings to give users more options for accessing real-world yields through trusted CeDeFi infrastructure.”
The collaboration will initially focus on integrating select Plume RWA assets into the BounceBit portal, leveraging Plume’s purpose-built RWA technology stack and BounceBit’s established CeDeFi infrastructure.
“BounceBit has demonstrated strong execution in bridging CeDeFi and real-world assets,” said Chris Yin, CEO at Plume. “Their institutional focus and successful track record make them an ideal partner for expanding RWA accessibility.”
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About BounceBit
BounceBit is pioneering institutional-grade CeDeFi infrastructure through its unique dual-token Layer 1 chain. Secured by both BTC and $BB, BounceBit Chain combines Bitcoin’s security with full EVM compatibility to power an expanding ecosystem of real yield products and RWA integrations.
Learn more at https://www.bouncebit.io/
About Plume Network
Plume is the first public L1 blockchain purpose-built for RWAfi, enabling the rapid adoption and demand-driven integration of real world assets. With 180+ projects building on the network, Plume offers a composable, EVM-compatible environment for onboarding and managing diverse real world assets. Coupled with an end-to-end tokenization engine and a network of financial infrastructure partners, Plume simplifies asset onboarding and enables seamless DeFi integration for RWAs so anyone can tokenize real world assets, distribute them globally, and make them useful for native crypto users.
Learn more at https://plumenetwork.xyz/
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