Plume and FalconX launch RWA credit product to bring institutional lending on-chain

Plume, a blockchain project focused on regulated real-world assets (RWA), announced on July 1 its launch of an RWA-based credit product in partnership with global crypto brokerage platform FalconX. The new offering, the FALX Structured Credit Facility (FALX) vault, brings FalconX's institutional lending strategy on-chain using Plume's Nest infrastructure. Under this model, institutional clients borrow funds against collateral, and the FALX vault distributes the resulting interest income to investors. The product is structured through on-chain private credit firm Pareto, with M11 Credit overseeing product management and operations.