Soneium and Plume Smash Wall Street’s Club: Tokenized Treasuries & Private Credit Now Onchain

DeFi just raided the vault. Soneium and Plume’s new protocol drags $10T+ US Treasury markets and private credit yields onto the blockchain—no prime broker gatekeepers, just code.

How it works: Tokenized T-bills pay yield in real-time, while private credit pools (formerly reserved for BlackRock’s golf buddies) now accept crypto collateral. The twist? These ’institutional-grade’ yields come with DeFi’s 24/7 liquidity.

The fine print: Early APYs look juicy (8-12%), but remember—this is TradFi’s lunch getting eaten. Will the SEC bless this, or is this another ’innovation’ that’ll get sued into oblivion by 2026?

Plume Price and Soneium TVL Rising

Plume says it’s a full-stack RWA Chain and ecosystem with more than 180 projects building on it. It offers an end-to-end tokenization engine, a network of financial infrastructure partners, and an EVM-compatible environment for onboarding and managing diverse RWAs.

“Anyone can tokenize real-world assets, distribute them globally, and make them useful for native crypto users,” the team claims.

At the time of writing, thetoken trades at $0.189. It’s up 11% in a day, 8.3% in a week, and 12.4% in a month.

The coin hit its all-time high of $0.2475 in March 2025. It has decreased by 23.1% since.

Meanwhile, Soneium is a Layer-2 blockchain built on, developed by Sony Block Solutions Labs, a joint initiative established byand.

Soneium’s total value locked (TVL) has recently surpassed $100 million, now standing at $155.48 million, according to. It’s up 15% over the past 24 hours.

Earlier in April,, a collective promoting Web3 adoption, partnered with decentralized protocoland restaking protocolto build a Fast Finality Layer for.

In March, Soneium joined hands with game software and venture capital companyand, a CORE contributor to. Animoca Brands’ flagship digital identity infrastructure platform,will create a premier identity layer on this blockchain. With this move, Soneium aims to expand into digital identity, popular anime like, and gaming experiences, the press release says.

Also in March, Soneium partnered with Japanese social media platformto bring four gaming applications on-chain.