The RWA track adds another heavyweight player, with $1 billion in structured credit assets entering the market. Institutional-grade DeFi infrastructure is taking shape.

Institutional open finance platform Plume announced a partnership with digital asset prime broker FalconX to launch FALX structured credit assets, with a scale of $1 billion. The product is facilitated by Pareto, managed by M11 Credit, and the underlying assets are overcollateralized loans issued through FalconX's prime brokerage platform. Plume stated that FALX will support mid-month subscriptions and interest accrual from the first day, targeting institutional credit income and real-world asset (RWA) scenarios.