#FACTOR
1 article tagged #FACTOR — curated RWA tokenization coverage.
Plume Launches FACTOR Vault With $15M To Bring Institutional Private Credit On-Chain
Plume has launched FACTOR, a tokenized private credit vault that secured $15 million in initial committed capital to provide on-chain investors access to short-duration financing. Developed in partnership with Tradable and Deep Ocean Partners, the vault focuses on net working capital financing, including invoice factoring and asset-based lending. Plume provides the vault infrastructure, Tradable handles the tokenization and lifecycle management, and Deep Ocean Partners manages the credit underwriting and servicing. The product targets a 14% APY and incorporates a liquidity sleeve and warehouse facility to manage investor redemptions. By bringing institutional-grade private credit on-chain, the initiative aims to bridge traditional lending markets with blockchain-based distribution channels. This launch represents a significant expansion of the RWA sector, moving beyond standard treasury products into active, short-term corporate financing. The firms plan to scale the vault's capacity as additional credit opportunities are sourced and investor demand grows.