Customise Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.

No cookies to display.

Search
Close this search box.
Whinfell to Offer $5 Billion of Asset On Plume Starting With Carlyle

Whinfell to Offer $5 Billion of Asset On Plume Starting With Carlyle

Plume Network, the first full-stack L1 RWA Chain for RWAfi, announced its partnership with Whinfell Partners LLC  to introduce a range of institutional-grade credit instruments and diversified yield-bearing assets to its ecosystem. Leveraging Plume’s flagship staking protocol Nest, Whinfell will bring sophisticated assets and strategies to Plume’s ever growing user base, starting with Carlyle, Pimco, and Simplify ETFs that will be made available to early users of Nest in its RWA vault.

Financial Technology News: Previsico and Descartes Partner for Better Corporate Flood Risk

Whinfell’s expertise will provide users access to previously hard-to-reach financial products with enhanced transparency and efficiency. The partnership will feature a variety of structured credit instruments designed to provide stable returns while maintaining rigorous compliance and auditing standards.

“By partnering with Plume Network, we’re taking a significant step in democratizing access to institutionally suitable financial products,” said Wes Thornburgh, Partner at Whinfell. “Our goal is to provide users on Nest with a secure and streamlined way to access less correlated yield-bearing assets.”

Nest’s vaults on Plume network will feature Whinfell’s selection of bespoke public and private credit strategies, available only to users on Plume. The firm’s partners – Wes and Clark Thornburgh – draw on their decades of experience with firms such as AXA Investment Management and JP Morgan to create onchain products that tap into their $5B exclusive asset pipeline.

Financial Technology News: Overview of Barclays and Synchrony Financial’s Bid to Acquire Apple’s Credit Card Division

“We’re used to being the 800-pound gorilla in the room, and one of our most exclusive strategies targets institutional investors that hold over $100M worth of Bitcoin,” said Clark Thornburgh, speaking about Whinfell’s ability to provide stable returns to its high-net-worth clients.

This vault and many others are made possible by Whinfell’s partnership with Plural, a tokenization protocol and brokerage that runs on top of Plume’s infrastructure.

“Plural brings renewable energy investing onchain,” said Adam Silver, Plural CEO and Co-Founder, “but if you dig deeper, you’ll see a robust regulatory, tokenization, and distribution management stack that is critical for bringing all types of real world assets onchain. Plume will drive trillions of dollars into RWAs and expand crypto‘s TVL overall — we couldn’t be more thrilled to be Plume’s preferred tokenization partner on this journey.”

Plume’s RWAfi ecosystem will be instrumental in helping Whinfell effectively launch and manage their tokenized offerings, providing the necessary infrastructure to support their entry into the blockchain market. This collaboration not only enhances the user experience but also sets a new benchmark for integrating traditional finance with blockchain innovation.

Financial Technology News: Significant Development as Amazon Partners with Indian Firm Axio for BNPL Services

Source – PR Newswire

To share your insights with the FinTech Newsroom, please write to us at news@intentamplify.com

Share With
Contact Us
StatCounter - Free Web Tracker and Counter