Soneium and Plume Bring Tokenized US Treasuries and Private Credit Yields Onchain

Plume, a modular Layer-2 blockchain for Real World Asset Finance (RWAfi), has partnered with Soneium, an Ethereum Layer-2 open blockchain developed by Sony Block Solutions Labs, to provide Soneium's users with RWA staking and real-world yield through Plume's native interoperability layer SkyLink.

Per the press release shared with Cryptonews, the SkyLink integration enables users to stream real-world asset value and yield securely cross-chain. Therefore, they get access and exposure to asset-backed yield products, including yield from tokenized US Treasuries and private credit from the Plume chain, the team claims.

The email states that the launch will “leverage a real-world asset distributor managing more than $4 billion in tokenized assets, including products from Ondo Finance, a major issuer of tokenized US treasuries.”