Plume Launches Ascend Accelerator for RWA Tokenization
PlumeNetwork launches Ascend, a 9-week RWA startup accelerator with elite partners to scale real-world asset tokenization globally.

Quick Take
Summary is AI generated, newsroom reviewed.
Plume launches Ascend accelerator focused on RWA token projects.
Program is elite, limited, and regulation-friendly for institutions.
RWA market projected at $24B by 2025.
$PLUME price dipped 7.8% amid broader token market reactions.
Plume Network initiates a nine-week worldwide accelerator, called Ascend. Its partners are Galaxy Ventures and Anchorage Digital as a part of the elite. Their focus is on start ups developing RWA tokenization platforms at an early stage. This program only helps founders in areas of live product and institutional orientation. The group is restricted to about six to eight teams.
Selective Criteria is in Line with Trends of the Regulations
Those who meet the qualification requirements include founders who have functional products and institutional ambitions. This is on the same post as new compliance laws in the U.S. and EU on crypto. The accelerator assists organizations to become ready to launch PLUME deployments.
Leaders at Galaxy, Keyrock, Centrifuge, RWA_xyz and many others are mentors. Startups get to tap into investor networks as well as partnership pipelines. Good projects may have an impact on retail and institutional adoption of DeFi. Solidifying standards and platforms that scale up faster may fall into the RWA ecosystem.
PLUME sells at around 0.08542 by August 6, 2025. The price of the token declined by 7.84 percent over the last 24 hours. This volatility of the market is the expression of the short-term speculations concerning news regarding the RWA sectors. Investors are still interested yet suspicious on turning points in sectors. With application cut-off expected on August 18, there is an increased concern on the selection of the last cohort.

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