Plume Network has announced a groundbreaking partnership with Google Cloud and CloudMile to revolutionize the real-world assets market through the power of artificial intelligence.
The layer-1 blockchain platform is set to redefine the RWA ecosystem, with the collaboration being unveiled on Dec. 20.
By joining forces with Google Cloud, Plume aims to streamline the onboarding process for real-world assets by leveraging AI technology. The platform will utilize Google Cloud’s infrastructure to automate the appraisal of RWA projects, marking a significant step forward in the industry.
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Plume stated, “This collaboration will enhance Plume’s data intelligence suite for RWAs by utilizing Vertex AI and cutting-edge GPU infrastructure, enabling faster and more secure tokenization and analysis of RWAs.”
CloudMile’s expertise in AI and cloud technology will play a crucial role in driving this initiative forward, according to Plume.
As blockchain and AI continue to converge, CloudMile’s capabilities will be instrumental in implementing the AI-powered strategies. Real-time compliance and analytics provided by Google Cloud’s BigQuery, Dataflow, and Looker Studio will further support the adoption of tokenized RWAs, unlocking new investment opportunities for institutions.
Plume recently secured a $20 million Series A funding round led by prominent firms such as Brevan Howard Digital, Haun Ventures, and Galaxy Digital.
In a separate collaboration, Plume partnered with Credbulll to launch LiquidStone, a platform offering high-yield solutions. Additionally, the alliance with Chateau Capital focuses on tokenizing illiquid assets to tap into the lucrative $500 million private markets sector.
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