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OpenEden, Plume Network and Chainlink Announce Three-Way Collaboration to Bring USDO On-Chain

7M ago•
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OpenEden announced on X that it has entered a three-way collaboration with Plume Network and Chainlink to ā€œset new standards for compliant tokenized RWAs,ā€ saying the partnership will enable USDO to become the first bridged asset natively deployed on Plume’s real-world asset (RWA) blockchain, powered by Chainlink’s Cross-Chain Interoperability Protocol (CCIP). ā€œReal assets. On-chain. Coming soon,ā€ the company added in the post.

The move signals an industry push to marry the compliance requirements of traditional finance with the technical promise of tokenized real-world assets. OpenEden, which has been positioning its USDO stablecoin and tokenization stack as institutional-grade tools for bringing assets on-chain, says it will lean on Chainlink’s standards to provide the cross-chain plumbing and verifiable on-chain data that institutions expect.

Plume Network, built specifically for real-world asset finance, has been steadily rolling out infrastructure and forming partnerships to speed up tokenization. Its focus on compliant, on-chain recordkeeping and transfers makes it a natural fit for launching a bridged, compliance-aware asset like USDO. Lately, Plume has been widening its partner network and market reach as part of a broader push to build a professional market structure for RWA tokenization.

A New Pathway

At the center of the technical setup is Chainlink’s CCIP and the Cross-Chain Token (CCT) standard, which OpenEden has already adopted for USDO to enable programmable, low-slippage cross-chain transfers and to improve interoperability and transparency. Chainlink’s cross-chain tooling is designed to allow tokens to move securely between chains while preserving on-chain verifiability and external data feeds, tools that issuers of regulated assets have increasingly cited as necessary for institutional adoption.

The combination of a dedicated RWA chain, a token issuer focused on compliance, and a mature oracle and cross-chain layer could reduce frictions that have held back large-scale tokenization efforts. For OpenEden and its partners, the announcement is both technical and strategic: it promises a pathway for real assets to be represented, transferred, and audited on-chain in ways that speak to regulators and institutional investors alike.

The partners gave no firm timetable beyond OpenEden’s ā€œcoming soonā€ teaser. Still, the collaboration adds to a growing list of institutional-grade initiatives aimed at making RWAs a mainstream part of blockchain finance, a trend that, if realized, could significantly change how liquidity and ownership of traditional assets are managed and traded.

7M ago•
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