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Cryptonews Podcast host Matt Zahab sat down for an exclusive interview with Chris Yin, the CEO and Co-Founder of Plume, a modular Layer-2 (L2) blockchain for real-world assets (RWAs).
Yin discussed the relevance and potential of RWAs, as well as the current issues the assets face.
He talked about RWA-Fi, or “RWA-flavored crypto,” what makes RWAs successful and useful, and when we may see widespread tokenization.
“I would have never guessed we’d go down this road,” Yin told Matt. RWAs were not on his map when he entered the space.
The initial step that led him into this sector was the idea of onboarding more people into crypto.
The possibilities surrounding RWAs started growing the more Yin learned about it, he suggested.
What the Plume team quickly learned is that getting an asset on-chain, regardless of what it is, is difficult.
Another issue is that, once they are on-chain, many of them are essentially useless.
Therefore, the Plume team decided to “play around with this thing” and “figure it out.”
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