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Plume Network, a RWA Layer-2, Raises $10M in Seed Funding from Haun Ventures, Galaxy Ventures, and Others

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4 months ago

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Plume has already seen more than 80 RWA projects spanning collectibles, alternative assets, synthetics, luxury goods, real estate, DeFi and more all building on the network in testnet alone.

SAN FRANCISCO, May 23, 2024 /PRNewswire-PRWeb/ — Plume, the first modular EVM Layer-2 built to bring any real-world asset (RWA) on-chain, announces its $10M seed round led by Haun Ventures with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures, and others. Notable angels include founders and executives of leading projects such as Anthony Ramirez of Wormhole Labs, Calvin Liu of Eigenlayer, Zon of Initia, Andrew Kang of Mechanism, Jeff Feng & Jayendra Jog of Sei Network, Adam Lawrence of rwa.xyz, Austin King & Tyler Tarsi of Omni, and more.

“We’re excited to have Haun Ventures lead our round as our approach to RWAs signifies a pivotal shift. While many are attempting to solve tokenization through permissioned environments, Plume stands out by prioritizing a crypto-first approach.”

The RWA industry is one of the fastest growing verticals in crypto today but there remains a critical gap — to date there has not been a permissionless blockchain equipped with fullstack RWA infrastructure to deploy any asset class compliantly. Plume was founded to solve this challenge of real-world asset integration by providing the necessary infrastructure for traditional financial participants to engage, while also offering innovative products that appeal to the crypto-native community. By integrating asset tokenization and compliance into its chain along with RWA specific chain level modifications, Plume simplifies the deployment process and offers a dynamic ecosystem for cross-investment and diversification. The robust DeFi ecosystem on Plume enables users to do everything with RWAs – from earning yield, borrowing/lending, trading, and speculating with leverage.

In testnet alone, Plume has already seen rapid growth with more than 80 RWA and DeFi projects building on its private testnet with everything from collectibles, alternative assets, synthetics, luxury goods, real estate, borrow/lend protocols, perpetual DEXs, and more.

Chris Yin, CEO and Co-founder of Plume, shared, “We’re excited to have Haun Ventures lead our round as our approach to RWAs signifies a pivotal shift. While many are attempting to solve tokenization through permissioned environments, Plume stands out by prioritizing a crypto-first approach. We operate as a permissionless chain, offering seamless compliance tooling as a notable feature. Our modular EVM based L2 and end-to-end tokenization engine makes both onboarding and interacting with assets and capital easy for everyone from the biggest institutions to retail.”

Chris Ahn, Partner at Haun Ventures, expressed, “The Plume team’s vision for tokenizing assets extends beyond tokenizing treasury bills. Plume Network provides custom tooling and an ecosystem specifically designed for RWAs of any type. Plume will reshape the way the world interacts with and derives value from real-world assets.”

Plume’s team features top-tier talent from Web3 and traditional finance who joined from leading firms including Coinbase, Binance, Robinhood Crypto, dYdX, JP Morgan, and LayerZero.

Teddy Pornprinya, Co-founder of Plume, formerly at Coinbase Ventures and Binance, said, “The traditional view of tokenized real-world assets is no longer interesting in today’s markets – what people seek today are crypto use cases that involve RWAs. Plume makes it easy to trade, earn yield, and speculate with any real-world asset so people can benefit from both the advantages of crypto and exposure to RWAs.”

To learn more about Plume, visit their website and look out for the incentivized testnet details coming soon: https://www.plumenetwork.xyz/

For media inquiries, please contact Phil LeRoy at (310) 260-7901 or phil(at)melrosepr(dot)com.

About Plume
Plume is the first modular EVM L2 blockchain dedicated for all real-world assets (RWAs) that integrates asset tokenization and compliance providers directly into the chain. Plume’s mission is to simplify the convoluted processes of RWA project deployment and offer investors a blockchain ecosystem to cross-pollinate and invest in various RWAs. In addition, Plume enables RWA composability through its thriving DeFi applications and provides access to high-quality buyers to increase liquidity for all tokenized RWAs. To learn more about Plume, visit https://www.plumenetwork.xyz/

Media Contact

Phil LeRoy, Plume, (310) 260-7901, phil@melrosepr.com, https://www.plumenetwork.xyz/

View original content:https://www.prweb.com/releases/plume-network-a-rwa-layer-2-raises-10m-in-seed-funding-from-haun-ventures-galaxy-ventures-and-others-302153880.html

SOURCE Plume

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Dana-Farber Cancer Institute Partners with Clinical.ly to Enhance Regulatory Operations with eReg Solutions

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35 mins ago

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September 19, 2024

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NEW YORK, Sept. 19, 2024 /PRNewswire/ — The Dana-Farber Cancer Institute, a world leader in cancer treatment and research, chose Clinical.ly’s (www.clinical.ly) Research Suite™ to streamline regulatory operations, marking a significant step toward more efficient and compliant clinical trial management. Dana-Farber joins a growing number of research organizations that leverage Clinical.ly’s innovative solutions to streamline clinical trial processes. Clinical.ly’s eReg platform offers a comprehensive, paperless solution that centralizes regulatory workflows, ensuring compliance and transparency across clinical trials.

“We are thrilled to support Dana-Farber’s clinical research operations,” said Henry Kravchenko, Clinical.ly’s CEO.

This partnership continues Clinical.ly’s success in providing best-in-class enterprise tools for conducting clinical research. “We are thrilled to support Dana-Farber’s clinical research operations,” said Henry Kravchenko, Clinical.ly’s CEO. “Our eReg platform and wider set of features in Clinical.ly Research Suite™ will empower that renowned organization, and we all look forward to supporting their teams.”

About Clinical.ly Research Suite™ 

Clinical.ly Research Suite™ is a comprehensive solution that eliminates traditional, paper-based processes. By automating and centralizing essential workflows in the Clinical.ly Research Suite™, organizations achieve huge efficiency improvements, greater trial oversight, document management, and regulatory compliance. The Clinical.ly Research Suite™ includes:

eReg: A best-in-class electronic regulatory bindereSource: An intuitive & feature-rich, paperless data capture solution that streamlines data collection from trial participantseConsent: A fully digital solution for capturing informed consent, improving participant engagement and site complianceClinicallySign: 21 CFR Part 11 compliant eSignature functionalityClinicallyPay: A secure and instantaneous participant stipend payment and reimbursement solution

About Dana-Farber Cancer Institute

Founded in 1947, Dana-Farber Cancer Institute is committed to providing adults and children with the best treatment available today while developing tomorrow’s cures through cutting-edge research. Based in Boston, Dana-Farber is a teaching affiliate of Harvard Medical School and ranks consistently as one of the top cancer hospitals in the world.

About Clinical.ly

Clinical.ly provides differentiated, cloud-native technology solutions to the clinical research industry, enabling research organizations to conduct studies with greater efficiency and ease. Clinical.ly is dedicated to developing technology that eliminates tedious manual labor, allowing clinical research professionals to focus on patient care.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dana-farber-cancer-institute-partners-with-clinically-to-enhance-regulatory-operations-with-ereg-solutions-302253690.html

SOURCE Clinical.ly

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Fall Into Creativity with the Monport Laser Fall Sale

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35 mins ago

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September 19, 2024

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NEW YORK, Sept. 19, 2024 /PRNewswire/ — Experience laser innovation this Fall with Monport Laser, an industry frontrunner in laser engraving and cutting technology, with an exclusive Fall Sale offering incredible discounts and free accessories on a wide range of high-performance laser engraving machines. From September 19th to September 30th, customers can take advantage of this limited-time opportunity to elevate their laser engraving businesses with cutting-edge laser innovation at unbeatable prices.

Monport Laser has been dedicated to providing innovative and reliable laser machines that empower businesses and individuals to achieve their goals. With a focus on quality, precision, and customer satisfaction, Monport Laser has established itself as a trusted leader in the industry. Their commitment to excellence is evident in every laser they produce, ensuring exceptional performance, reliability, and value.

Embrace the Power of CO2 Laser Technology with Exclusive Offers

Monport Laser will offer two free accessories with selected CO2 laser machines during the Monport Fall sale. These versatile lasers are ideal for various applications, including engraving, cutting, and marking wood, acrylic, leather, and more. By taking advantage of this Fall sale, laser engraving businesses can enhance their productivity and expand their creative possibilities.

Experience Unmatched Value with Fiber Laser Discounts

Monport Laser offers substantial discounts of up to $4200 and 3 free accessories on selected models for those seeking the precision and speed of fiber laser technology. Fiber lasers are renowned for their ability to process metals with exceptional efficiency and accuracy, making them indispensable for metal fabrication, manufacturing, and jewelry production. Additionally, customers purchasing fiber lasers during the Fall sale will receive three free accessories, further sweetening the deal.

Elevate Your Desktop Laser Experience with a Free Water Chiller

Monport Laser is committed to providing comprehensive solutions for businesses of all sizes. As part of the Fall sale, customers who purchase the 40W Desktop laser will receive a Free Water Chiller Cw3000. This essential accessory ensures optimal cooling and performance, prolonging the lifespan of the laser and guaranteeing consistent results.

Discover Additional Savings on a Wide Range of Accessories

Monport Laser offers an additional 20% discount on selected accessories to complete your laser setup. From lenses and nozzles to rotary tables and smoke extraction systems, customers can find everything they need to maximize the potential of their laser machines.

Unleash Your Creativity and Productivity

Monport Laser’s Fall sale is the perfect opportunity to invest in laser technology that empowers your business or fuels your creative passions. With exceptional discounts and free accessories, you can acquire the ideal laser solution to meet your needs and budget.

Whether you’re an entrepreneur, artist, or manufacturer, Monport Laser’s advanced laser machines offer unparalleled precision, versatility, and reliability. Take advantage of this limited-time Fall sale and unlock your projects’ full potential for laser innovation.

About Monport Laser

Monport Laser is a global leader in designing, manufacturing, and distributing high-quality laser machines and accessories. With a commitment to innovation and customer satisfaction, Monport Laser provides cutting-edge solutions for various industries, including manufacturing, engraving, marking, and more.

For more information, visit monportlaser.com and follow them on social media for the latest updates.

Website: https://www.monportlaser.com/

 

 

 

View original content:https://www.prnewswire.com/news-releases/fall-into-creativity-with-the-monport-laser-fall-sale-302253699.html

SOURCE Monport Laser

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MEDIA ADVISORY – Minister Wilkinson to Make a Critical Minerals Infrastructure Announcement

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35 mins ago

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September 19, 2024

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VANCOUVER, BC, Sept. 19, 2024 /CNW/ – The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and Ranj Pillai, the Premier of Yukon, will make a funding announcement in support of critical minerals infrastructure projects. A media availability will follow.

Date: September 20, 2024

Time: 10:30 a.m. PT

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. A dial-in line is available for media and will be provided upon registration.

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SOURCE Natural Resources Canada

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