Plume and Goldfinch have teamed up to expand onchain access to private credit funds from the likes of Apollo, Ares, Golub, and KKR.
Plume is a full-stack real world asset finance chain, while Goldfinch is an onchain private credit platform.
Under the terms of the partnership, Plume will list high-quality private credit assets on its staking platform. The partnership will widen access to institutional-grade private credit funds and make them seamlessly accessible within Plume’s ecosystem, the companies said.
Goldfinch Prime’s compliant, composite private credit product will be leveraged to enable users to access sustainable yield in a liquid product.
Read more: Credbull launches high-yield private credit offering on Plume Network
“This partnership shows how we can leverage Plume’s infrastructure to turn previously inaccessible investment opportunities into fully permissionless and composable assets,” said Teddy Pornprinya, co-founder and chief business officer of Plume.
“It’s not just about bringing TradFi products onchain, we want to make them better and more useful for crypto-natives everywhere onchain.”
Read more: Whinfell Partners launches credit strategies on Plume Network
Goldfinch Prime brings together world-class alternative asset managers who collectively manage more than $1tn (£0.77tn), through specially built rails that subscribe into these funds and stream their yield onchain.
Through Plume’s Nest vaults, these private credit yields become permissionless and liquid, enabling access to sustainable 10 to 12 per cent returns.
“We’re excited to partner with Plume on this as a way to make Goldfinch Prime even more useful for crypto native investors,” said Goldfinch co-founder and chief technology officer, Blake West.
