Plume Partners with Goldfinch to Expand Access to Private Credit

Plume, a full-stack RWAfi (real-world asset finance) blockchain, has partnered with Goldfinch, an onchain private credit platform, to expand access to private credit assets.

This collaboration integrates Goldfinch Prime’s composite private credit product into Plume’s RWA staking platform Nest, offering users sustainable yield through a liquid, onchain solution. Goldfinch Prime pools investments from top asset managers—including Apollo, Ares, Golub, and Stellus, who collectively oversee more than $1 trillion—bringing these yield products onchain.

Private credit has grown rapidly over the past 15 years, reaching nearly $2 trillion by the end of 2023—ten times its size in 2009. A 2024 McKinsey report projects the U.S. market alone could surpass $30 trillion.

Tokenized private credit is also on the rise, with active loan value reaching $12.22 billion—up from $4 billion a year ago—according to RWA.xyz. Plume’s Nest vaults make private credit yields permissionless, liquid, and composable within its RWAfi ecosystem, providing access to sustainable returns of 10-12%.

While RWAs have become a hot topic in crypto, Plume’s CEO and co-founder, Chris Yin, argues that most projects miss the bigger picture. "We built a blockchain to bring the real world on-chain," Yin says, emphasizing Plume’s focus on integrating RWAs seamlessly into DeFi.

He believes they should feel like stablecoins, enabling lending, borrowing, and decentralized trading. The Goldfinch partnership, he says, extends this vision by furthering interoperability between traditional finance (TradFi) and crypto.

The problem with traditional RWAs

Despite the hype, Yin believes most RWA projects fail to add real utility. Instead of adding fresh liquidity, they treat blockchain as an infrastructure layer to sell assets.

"Most projects are bringing assets on-chain, not capital," Yin said, explaining that institutions aren’t here to grow crypto’s liquidity—they’re here to sell.

“And that makes sense, if you’re a bank, your goal is to sell products, increase assets under management, and acquire new customers—not to put capital into the crypto ecosystem,” Yin said. “That’s the key distinction most people miss. We focus on the buy side—crypto natives who want to swap, lend, borrow, and actually use these assets."

Plume aims to integrate tokenized assets into DeFi so users can generate yield, borrow, and trade them as easily as any other crypto asset.

"When the market is up, people hold tokens. When it’s down, they rotate into stable assets. But today, stablecoins don’t do much,” Yin said. “We’re expanding what’s possible—allowing RWAs to be yield-bearing, stable, and fully integrated into DeFi."

The need for sustainable yield

Yield generation has been an ongoing challenge in DeFi, with many projects relying on unsustainable incentives rather than real economic activity. Yin argues that returns should come from tangible RWAs rather than speculative tokenomics.

"Most yield in crypto today is just points—one day, it’s 80% APY, the next, it’s 10%, and the token goes to zero,” Yin said. “We’re focused on real, stable yield—5% consistently is better than 100% one day and nothing the next."

By integrating real-world revenue streams into DeFi, Plume aims to provide a more reliable and scalable source of yield, making on-chain assets more attractive to investors.

Yin envisions a future where interacting with RWAs on-chain is as seamless as playing a game. "What I'm trying to build is basically Farmville or The Sims," he said. "You click buttons, and you build a house. Here, you own a rollercoaster, a farm, or whatever. You click buttons and things in the real world happen."