Plume and Colb Finance Partner to Tokenize Pre-IPO Equities on Blockchain

by shayaan

Plume, a blockchain platform focused on RWA finance, has announced a partnership with Colb Finance to bring tokenized Pre-IPO equities to its network. The move allows blockchain users to access investment opportunities that have typically been limited to private markets.

Colb Finance will use Plume’s infrastructure to offer tokenized versions of financial products such as Pre-IPO shares and other institutional-grade investment strategies. These assets will be made available on Plume’s blockchain, aiming to make private market investments more accessible.

As part of the integration, Plume will also support $USC, Colb’s USD-backed stablecoin. The stablecoin is designed to simplify transactions on the platform, including buying, redeeming, and converting tokenized assets to and from fiat currency.

Colb brings experience in working with established financial institutions and has developed tools to convert private investment strategies into blockchain-compatible formats. The partnership adds to Plume’s growing network of tokenized real-world assets and offers users a new way to access traditional financial products in digital form.

This integration is part of a broader trend of bringing real-world financial assets onto the blockchain, helping to create more transparent and efficient markets.

Image: Freepik

cryptonews.net

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