#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Plume Network shared its institutional-grade RWAfi solution with representatives from Ondo, Galaxy, a16z crypto and other institutions.
BlockBeats news, on November 8th, Teddy Pornprinya, co-founder of Plume Network, participated in a panel discussion hosted by digital asset information platform The TIE. Representatives from Ondo, WisdomTree, J.P. Morgan, Galaxy, a16z crypto, and other institutions attended the event to explore the future of institutional digital assets and RWAfi. Teddy Pornprinya stated that the future development path of institutional finance includes actionable liquidity, infrastructure rooted in strong fundamentals, and widely adopted frameworks. With the RWAfi model of Plume, they are laying a solid foundation for combining TradFi with Decentralized Finance in the financial ecosystem. As Teddy mentioned, Plume is committed to leading a more inclusive and accessible future of RWA finance that institutions can rely on in the coming years. Previously, the Plume ecosystem covered over 180 projects and established strategic alliances through the Enterprise Ethereum Alliance (EEA) and Tokenization Asset Consortium (TAC). They have built a network supported by major institutional participants such as WisdomTree, Arbitrum, J.P. Morgan, a16z, Galaxy Digital, and Centrifuge. These alliances enable Plume to set industry standards and develop institutional-grade RWAfi solutions to meet the needs of Decentralized Finance and TradFi.