Mattereum, a pioneer blockchain infrastructure platform, will integrate with Plume Network. This collaboration aims to revolutionize the issuance and management of tokenized gold through Mattereum’s advanced asset passport technology stack on Plume’s dedicated L2 platform for real-world assets (RWAs).
Mattereum’s Asset Passport Technology
Mattereum’s asset passport technology ensures that each tokenized asset is represented by a set of legally enforceable Ricardian contracts. This innovative approach integrates natural language contracts with blockchain-based smart contracts, providing legal certainty and robust dispute resolution mechanisms, recognized almost anywhere in the world. By incorporating arbitration and identity verification into the contract structure, Mattereum enables secure and transparent transactions of tokenized assets.
Plume Network: The Dedicated L2 for RWAs
Plume Network offers a fully integrated and regulatory compliant Layer 2 solution that facilitates the onboarding of capital and real-world assets onchain. By embedding essential institutional features such as identity verification, compliance, and safety directly into the blockchain, Plume abstracts away the complexities of deploying capital and tokenizing assets. With automated regulatory filings, AML/OFAC checks, and onchain arbitration, Plume ensures that institutions can transact securely and compliantly.
RWA Composability for Tokenized Gold
The partnership between Mattereum and Plume Network will debut with the issuance of tokenized gold, bringing a new level of composability to this valuable asset. By leveraging Mattereum’s asset passports, each gold token on Plume Network will have a verifiable link to its physical counterpart, complete with provenance and compliance documentation. This means that if you own the token, you have a legal claim on the gold bound to it and warranties that provide assurance of its properties, enforceable in 170 jurisdictions worldwide. This not only increases liquidity but also enhances trust and transparency in the trading of tokenized gold.
Plume Network’s comprehensive technology stack, combined with Mattereum’s legal and technical expertise, creates an ideal environment for the growth of a robust marketplace for tokenized assets. The partnership will initially focus on financial instruments and collectibles, with plans to expand into other asset classes. By cross-pollinating participants on the network and continuously attracting new assets and capital providers, Mattereum and Plume aim to build a dynamic RWA ecosystem.
Conclusion
Mattereum and Plume Network’s partnership marks a significant milestone in the evolution of tokenized assets. By combining legal certainty with advanced blockchain technology, they are set to revolutionize the way physical assets like gold are tokenized, traded, and managed. This collaboration enhances liquidity and accessibility and also sets a new standard for trust and transparency in the digital asset space.
