Apollo Invests Seven-Figure Sum in RWA Platform Plume

Asset management firm Apollo has made a substantial strategic investment in the RWA platform Plume, reportedly worth an undisclosed sum of seven figures. This follows Plume’s announcement of a $20 million Series A funding round last year. 💰. According to sources, this investment is part of Apollo’s ongoing engagement with the platform. The news comes after Plume unveiled its mainnet launch timeline for this quarter, as announced in their recent press release. Their work on ACRED, a service developed in collaboration with Securitize, marks Apollo’s first foray into investing directly in an RWA chain.