Ether.fi Allocates $100M to Plume RWA Vault

Ether.fi has exclusively allocated $100 million to a new Plume real‑world asset (RWA) vault, making tokenized RWA yield available to users through the ether.fi application.

The funding comes from a mix of ether.fi liquidity providers — including funds, family offices and high‑net‑worth individuals — plus managed capital from the company’s existing liquid vaults. Those liquid ETH, USD and BTC products hold about $300 million in total value locked, according to ether.fi.

Plume and ether.fi collaborated for several months to design the vaults to match user demand. Plume co‑founder and CEO Chris Yin described the process as sourcing assets, conducting due diligence and constructing vaults that fit the ether.fi ecosystem and its users’ needs.

The vaults are available directly in the ether.fi app and are intended to deliver yield from tokenized real‑world assets, rather than from onchain lending or protocol strategies. Plume characterizes the products as similar to structured income funds that pool exposure to institutional instruments such as overcollateralized credit pools, AAA‑rated collateralized loan obligations and broad bond market exchange‑traded funds.

Plume says the underlying instruments are sourced from asset managers that together oversee more than $10 trillion in assets. The company emphasized that the vaults are non‑custodial and compliance‑focused; Plume holds a license from the Bermuda Monetary Authority and has obtained Securities and Exchange Commission transfer agent approval through Kimber Transfer Agency.

Charles Mountain, head of ecosystem at ether.fi, said the firm is seeing strong demand for earn products with institutional‑grade risk and a reduced DeFi surface. He added that integrating Plume Nest Vaults into the platform lets users access institutional‑grade real‑world asset yield within the app they already use.

Plume noted increased user interest in more stable yield options following periods of onchain volatility and exploitative events in decentralized finance. The launch comes as a broader expansion of tokenized RWAs, with major asset managers expanding efforts to put traditional financial products on blockchain networks.

Ether.fi also operates as a large crypto card provider and is positioning the new vaults as a regulated path for both retail and institutional users to access tokenized RWA income.