New York, United States, January 14th, 2025,
Chainwire
Mimo, a pioneer in bringing high-grade
investment assets onchain, has announced a strategic partnership
with Plume Network to launch a new class of
tokenized AI compute investments alongside tokenized PoW miners and
various strategies of varying terms with yields ranging from 10% to
200% APY. This partnership leverages Plume Network’s advanced RWAfi
ecosystem and tokenization infrastructure to offer investors access
to, for example, cutting-edge AI compute resources through
tokenized bonds, marking a significant advancement in how these
assets are managed and traded.
Mimo specializes in tokenizing high-quality investment products,
including Swiss bonds, ETFs, and investment-grade fixed-income
assets, all fully audited and compliant with international
standards. Through this collaboration, Mimo will introduce
tokenized innovative bond instruments backed by AI compute or PoW
miner assets compatible with the KUMA protocol, providing investors
an opportunity to participate in the growing AI compute market or
have exposure to Bitcoin.
At launch, Mimo and Plume Network aim to make $50 million worth
of diversified tokenized instruments available to users on Plume’s
mainnet, with plans to expand rapidly thereafter. The initial
offerings will be backed by AI servers and other high-performance
computing resources, structured to deliver attractive returns, with
historical annual percentage yields (APY) for similar investments
ranging between 28% and 35%.
“Thanks to their focus on RWA & unique
infrastructure, Plume Network is the perfect partner to bring this
innovative solution to market,” said Badredine Yahiatene, CTO at
Mimo. “By integrating our unique assets with Plume’s RWAfi
ecosystem, we are unlocking new potential for investors to access
high-growth AI compute assets in a secure, compliant, and efficient
manner.”
This partnership with Mimo is another step forward in
demonstrating the transformative potential of Plume’s RWAfi
ecosystem and tokenization infrastructure, creating secure,
transparent, and high-yield investment opportunities for a global
audience.
About Mimo
Mimo Labs is a decentralized finance platform
that simplifies access to high-grade investment assets through
innovative tokenization, contributing to both KUMA Protocol and
Parallel Protocol. KUMA Protocol issues interest-bearing tokens
(KIBT) backed by Real World Assets (RWAs) via regulated NFTs,
offering a user-friendly alternative to traditional bonds.
Additionally, Parallel Protocol issues decentralized,
collateral-backed stablecoins like € (PAR) and $ (paUSD) on
Ethereum, Polygon, and Fantom, ensuring security and accessibility
for global users. Both protocols are governed by MIMO token
holders, maintaining a transparent and decentralized ecosystem.
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About Plume
Plume is the first public L1 blockchain
purpose-built for RWAfi, enabling the rapid adoption and
demand-driven integration of real-world assets. With 180+ projects
building on the network, Plume offers a composable, EVM-compatible
environment for onboarding and managing diverse real-world assets.
Coupled with an end-to-end tokenization engine and a network of
financial infrastructure partners, Plume simplifies asset
onboarding and enables seamless DeFi integration for RWAs so anyone
can tokenize real-world assets, distribute them globally, and make
them useful for native crypto users.
Users can learn more at https://plumenetwork.xyz/
or contact press@plumenetwork.xyz
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