Ether.fi partners with Plume to launch RWA vault, invests $100M

DeFi protocol Ether.fi (ETHFI) has partnered with Plume, a blockchain project focused on regulated real-world assets (RWA), to launch a new RWA vault. Ether.fi announced on June 4 that it has made an exclusive $100 million investment into the vault. The protocol, which holds over $6 billion in customer deposits, aims to provide its users with access to institutional-grade RWA investment opportunities previously unavailable to the general public. Users can access these yields through the Plume RWA vault directly within the Ether.fi application. The vault is based on Plume's flagship product, the RWA yield protocol Nest, and is structured to include over-collateralized loan pools, AAA-rated collateralized loan obligations (CLOs), and broad bond market ETFs. According to the announcement, the assets within the vault are provided by asset managers who collectively oversee more than $10 trillion in assets under management (AUM).