Share this article
RWA Chain Plume Acquiring Dinero to Expand Institutional DeFi Yield Offering
The deal aims to boost Plume's institutional push offering a broader set of yield strategies including liquid staking, co-founder Teddy Pornprinya said.
Oct 8, 2025, 1:00 p.m.
What to know:
- Plume Network, a blockchain protocol for real-world assets, is acquiring Dinero Protocol to broaden its product suite with institutional-grade yield products for ETH, SOL and BTC.
- Backed by firms like Galaxy, Haun, Apollo, Plume aims to connect retail and institutional investors with decentralized finance (DeFi) and real-world asset yields. It has attracted $360 million in asset on the protocol since its June mainnet launch.
- It recently secured SEC approval as a regulated transfer agent, allowing it to handle tokenized securities onchain.
Plume Network, a blockchain focused on tokenized real-world assets (RWAs), is acquiring Dinero Protocol to bring institutional-grade yield products for ether , Solana's SOL and bitcoin directly into its ecosystem.
Dinero’s flagship staking product, the ipxETH yield-bearing token that has drawn $125 million in total value locked, will become a key anchor for Plume’s expanded decentralized finance (DeFi) yield offering. The token gives institutional investors access to Ethereum staking yields in a compliant way in partnerships with firms like Galaxy (GLXY) and Laser Digital, the digital asset arm of Japan's Nomura bank.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Plume, backed by investors such as Brevan Howard, Galaxy, Haun Ventures and Apollo Global Management, offers a wide range of yield-generating strategies including tokenized assets like private credit, aiming to bridge DeFi and RWAs for retail and institutional investors. Assets on the protocol has swelled over $360 million since its mainnet launch in June, DeFiLlama data shows.
The latest news comes just days after Plume secured approval as an SEC-regulated transfer agent, allowing it to handle tokenized securities onchain and integrate with U.S. traditional finance infrastructure like DTCC's settlement network.
The Dinero acquisition will bring more tools and engineering talent in-house as the team is expanding globally eyeing institutional demand for crypto exposure, Teddy Pornprinya, Plume co-founder said in an interview with CoinDesk.
"Right now, we're doing a pretty large institutional push in the U.S., Asia and breaking into the UAE market," he said. "What we wanted to do [with the Dinero acquisition] is to open up our product suit onboard all types of institutional users."
In addition to ipxETH, Plume will fold Dinero's staking products pxSOL, pxBTC and branded liquid staking token architecture used across eight blockchains. Some of these assets will transition to native Plume products like plumeETH.
The deal has not closed yet but the parties signed a definitive agreement and binding term sheet, a spokesperson said.
Read more: PLUME Rises 25% as Network Registered by SEC as Transfer Agent for Tokenized Securities
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
What to know:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
