PANews reported on January 3 that the RWA platform Plume Network announced a partnership with the RWA platform Midas to jointly promote the development of the RWAfi ecosystem. Plume said that the on-chain access of institutional-level assets is an important step in opening up the network. The two parties will cooperate to launch RWA products such as mTBILL and mBASIS after the launch of the Plume mainnet, providing users with diversified investment options such as short-term U.S. Treasury bonds and crypto assets.

Earlier news, the tokenization protocol Midas launched the income token mBTC, which pays income in the form of Bitcoin-denominated assets .