
Plume Announces Partnership With PinLink To Target $30T RWA Tokenization Opportunity
January 3, 2025 | Press Release | Blockchain News
In a groundbreaking move, Plume, the leading layer-1 blockchain for real-world asset finance (RWAfi), has announced its strategic partnership with PinLink, a pioneering DePIN platform, to capitalize on the burgeoning RWA tokenization market. The collaboration aims to unlock new revenue streams and opportunities for users by introducing tokenized computing infrastructure into the Plume ecosystem.
The tokenization of Real World Assets (RWAs) is expected to revolutionize the blockchain landscape, with projections suggesting that the market could reach a staggering $30 trillion by 2030. This monumental opportunity presents itself at a time when AI developers are clamoring for scalable compute power, and PinLink’s innovative approach in leveraging GPUs, IoT devices, and WiFi hotspots is poised to democratize access to decentralized physical infrastructure networks (DePIN).
PinLink’s Chief Architect, Lukasz Orlowski, emphasizes the crucial nature of collaboration in reaching this multi-trillion-dollar potential. “To achieve mainstream adoption of RWA trading within the DePIN sector, the industry’s biggest players must work together to deliver a seamless and unified experience for both asset owners and end-users seeking to buy or rent real-world assets on-chain,” Orlowski emphasized.
The partnership will see PinLink integrate its DePIN infrastructure into Plume’s network, providing users with unparalleled access to a previously unexplored category of tokenized real-world assets. Chris Yin, CEO and Founder of Plume, highlights the strategic significance of this collaboration. “By incorporating PinLink’s DePIN infrastructure into our ecosystem, we’re empowering Plume users with an entirely new realm of opportunities while furthering our mission to build the most comprehensive RWA platform.”
The joint venture seeks to reduce expenses for AI developers, who are increasingly reliant on decentralized physical infrastructure networks (DePINs) to meet their burgeoning demand for scalable compute power. This innovative alliance aims to foster a unified experience for both asset holders and end-users seeking to participate in this explosive market.
In conclusion, the Plume-PinLink partnership marks a significant milestone in the RWA tokenization space, poised to drive down costs for AI developers while presenting users with an unprecedented array of yield opportunities.
Source: zycrypto.com