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Apollo Global Management has made a seven-figure investment into Plume, a blockchain platform focused on tokenizing real-world assets, enhancing liquidity and programmability, CoinDesk reports.
What’s the Scoop?
- Seven-Figure Investment: Apollo Global Management has invested a disclosed seven-figure amount into blockchain platform Plume.
- Real-World Assets on Blockchain: Plume aims to tokenize assets like financial instruments and carbon credits, enabling their use in lending, swapping, and more.
- Infrastructure Expansion: The funds will be allocated toward scaling Plume's blockchain infrastructure, which already supports over 18M crypto wallets.
