EtherFi announces a $25 million allocation to Plume's RWA protocol Nest, and will integrate nBASIS vault (linked to Superstate's USCC fund). The company plans to launch a dedicated RWA vault subsequently. This configuration provides users with indirect exposure to strategies combining crypto basis trading, staking yields, and government securities returns, extending RWA exposure to its over $6 billion in user deposits. Plume provides on-chain vault infrastructure and execution, reporting, and risk management functions. (Cointelegraph)
EtherFi announces a $25 million allocation to Plume's RWA protocol Nest, and will integrate nBASIS vault (linked to Superstate's USCC fund). The company plans to launch a dedicated RWA vault subsequently. This configuration provides users with indirect exposure to strategies combining crypto basis trading, staking yields, and government securities returns, extending RWA exposure to its over $6 billion in user deposits. Plume provides on-chain vault infrastructure and execution, reporting, and risk management functions. (Cointelegraph)