Plume Vault Settlement Exceeds $600 Million, Expanding Distribution Channels

The tokenized real asset settlement scale of Plume Vault has exceeded $600 million. An independent tracking value has suggested a maximum of $738.5 million. Plume announced in its Q2 2026 update that the RWA TVL surpassed $115 million and that the number of holders exceeded 200,000. The strategy for Q2 focused more on expanding distribution rather than asset issuance. Neo banks, centralized exchanges, and DeFi protocols were mentioned as key distribution channels. Plume's core product, Nest, is designed so that users receive vault tokens when they deposit pUSD into the vault. On June 4, EtherFi allocated $100 million to the Plume RWA Vault, and on July 8, nBASIS became accessible from the Binance wallet. Plume explained that this product provides on-chain exposure for institutional-grade strategies. Integration with Bybit is also in progress. The public vault balance differs from the settlement amount, and the public vault snapshot of Nest showed $69 million in nOPAL and $29 million in nFXCF. The Plume ecosystem is segmenting the structure of individual RWA vaults, and an agreement has also been signed with Shinhan Asset Management. This issue serves as a case showing the flow of RWA funds, indicating that further updates on settlement criteria and public vault balances are needed.