Plume will collaborate with Midas to launch RWA products such as mTBILL and mBASIS after going live on the mainnet

On January 3, the RWA platform Plume Network announced a partnership with the RWA platform Midas to jointly promote the development of the RWAfi ecosystem. Plume stated that on-chain access for institutional-grade assets is an important step for open networks. After launching its main network, both parties will cooperate to launch RWA products such as mTBILL and mBASIS, providing users with diverse investment options like short-term U.S. Treasury bills and crypto assets.
Previously, tokenization protocol Midas launched yield token mBTC, which pays returns in the form of Bitcoin-priced assets.