Plume Network, a blockchain focused on tokenized real-world assets (RWAs), is acquiring Dinero Protocol to bring institutional-grade yield products for ether (ETH), Solana's SOL (SOL) and bitcoin (BTC) directly into its ecosystem.
Dinero’s flagship staking product, the ipxETH yield-bearing token that has drawn $125 million in total value locked, will become a key anchor for Plume’s expanded decentralized finance (DeFi) yield offering. The token gives institutional investors access to Ethereum staking yields in a compliant way in partnerships with firms like Galaxy (GLXY) and Laser Digital, the digital asset arm of Japan's Nomura bank.
Plume, backed by investors such as Brevan Howard, Galaxy, Haun Ventures and Apollo Global Management, offers a wide range of yield-generating strategies in