[PRESS RELEASE – New York City, United States, December 26th, 2024]
Nest, the flagship staking protocol for real-world assets (RWAs) on Plume, announced its partnerships with M^0, Mountain Protocol, and Anemoy to power its Nest Treasuries Vault, an opportunity for professional firms to access long-term growth.
Nest is redefining onchain yield through creation of varying vaults that are purpose-built for institutional users. This approach enables the creation of new innovative tokenized assets that let anyone with a wallet deposit stablecoins (USDC and USDT) into fully permissionless smart contracts.
At the launch of Plume’s mainnet, users will get access to three distinct yield-bearing vaults, each tailored to their varying appetites and goals. Each provides unparalleled access to RWA-driven yield on Plume’s expanding ecosystem of protocols and issuers.
Unlocking Treasuries for Institutional Grade Vaults
Among these three vaults, the Nest Treasuries Vault represents a groundbreaking opportunity for professional firms to access long-term growth.
The Treasuries Vault offers a carefully curated selection of AAA-rated assets, including tokenized treasuries and other institutional-grade financial instruments. By leveraging the infrastructure and expertise of these partners, Nest ensures the vault provides stable, reliable returns while maintaining accessibility for both institutional and professional users.
For retail participants, the Nest RWA Vault offers a diversified option. Managed by Cicada Partners, this vault includes tokenized assets from premier firms such as Blackstone, Carlyle, Pimco, and Simplify, alongside debt and trade financing agreements facilitated by protocols like Credbull, Kasu, and Mansa. M^0 and Mountain Protocol, ensures seamless accessibility for users, bridging the gap between traditional finance and DeFi.
About Nest
Nest is a flagship staking protocol for users. Designed to be a precisionless way for global users to deposit into vaults, the protocol lets fund managers, issuers, and RWA protocols create their structured offerings. Audited by Trail of Bits and Zellic, Nest leverages Plume’s unique infrastructure to let its global user base participate in traditionally limited asset classes.
About Plume
Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs. Users can learn more at https://www.plumenetwork.xyz/ or contact [email protected].
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