Plume, the first permissionless, full-stack blockchain built for real-world asset finance, has announced a collaboration with OpenTrade to launch and integrate new yield-bearing vaults through its flagship staking protocol, Nest. These vaults will be powered by OpenTrade’s real-world asset (RWA) stablecoin yield infrastructure and will be backed by WisdomTree’s suite of tokenized funds.
OpenTrade, established by a team instrumental in the development of USDC at Centre (a joint venture between Coinbase and Circle), and supported by investors such as a16zCrypto and Circle, has utilized its extensive expertise in stablecoin infrastructure to create an enterprise-grade stablecoin 'yield-as-a-service' platform. This platform simplifies and secures access to RWA-backed yield on USDC and USDC.e. OpenTrade will be responsible for deploying, managing, and scaling stablecoin yield products that will back Nest’s vaults, allowing Nest users to earn yield on their stablecoin balances through exposure to WisdomTree’s tokenized funds, utilizing their existing wallets and other Web3 native systems.
WisdomTree, a global financial innovator managing $130 billion in assets, was a pioneer in creating fundamentally weighted ETFs nearly two decades ago. Today, it offers a comprehensive range of exchange-traded products (ETPs), models, and solutions. Its digital asset business continues this legacy of innovation with tokenized funds and stablecoins available through WisdomTree Prime for retail users and WisdomTree Connect for institutions.
“WisdomTree welcomes the use of our tokenized funds within DeFi-native applications such as OpenTrade’s deployment into Nest vaults,” said Maredith Hannon, Head of Business Development, Digital Assets for WisdomTree. “These products were designed for onchain retail and institutional investors, and their integration into this ecosystem highlights how regulated, tokenized strategies can serve as building blocks for onchain finance.”
Plume’s integration of OpenTrade vaults, which are backed by WisdomTree tokenized funds on Nest, is designed to provide users with a seamless experience. Upon depositing stablecoins, users will receive vault tokens that accrue interest in real-time. They will have the flexibility to unstake their funds and receive their USDC along with accrued interest at any time. The underlying process is facilitated by OpenTrade’s on-chain vault infrastructure, which adheres to Nest's commitment to ERC-4626 and ERC-7540 standards. This ensures standardized and transparent reflections of interest rates and accruals between on-chain balances and the underlying assets at all times. OpenTrade’s dedicated asset manager, Five Sigma, which oversees more than $6 billion in assets under management and operates under the supervision of the UK’s Financial Conduct Authority, handles all fund transfer, trading, and reporting activities through automated systems and processes that are fully integrated with OpenTrade’s on-chain vaults.
“This partnership bridges three layers of the new financial stack: institutional assets, compliant infrastructure, and on-chain distribution. By deploying OpenTrade’s vaults and WisdomTree’s tokenized funds into Nest, we’re delivering transparent stablecoin yield backed by real, institutional-grade assets,” said Teddy Pornprinya, Co-Founder and CBO at Plume.
“Together, we’re enabling DeFi’s next chapter by connecting real users with real yield opportunities.”
The initial launch will feature two OpenTrade–WisdomTree vaults integrated into Nest. These will be secured by the WisdomTree Treasury Money Market Digital Fund (WTGXX) and the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT). Additional vaults backed by other WisdomTree tokenized funds are planned for release in the coming months.
“OpenTrade’s stablecoin yield infrastructure has been purpose-built to enable seamless access to on-chain yield backed by high quality financial assets,” said Jeffrey Handler, Co-Founder and CCO at OpenTrade. “Through Nest’s partnership with OpenTrade, Nest users now have access to returns backed by a range of WisdomTree tokenized funds, directly from their wallet on the Plume Network - simply and securely.”
About Plume
Plume is the first permissionless, full-stack blockchain designed for real-world asset finance (RWAfi) with native DeFi integration. Supported by a global network of financial institutions and service providers, Plume stands as the leading RWA ecosystem, boasting the largest active wallet base in the RWA sector and over 200 projects. Nest, Plume's flagship staking protocol, empowers users to earn institutional-grade yields through real-world assets. This permissionless protocol allows fund managers and issuers to create structured offerings, while providing users access to traditionally restricted assets and opportunities.
About OpenTrade
OpenTrade is an institutional-grade platform for real-world asset-backed lending and stablecoin yield products. It is backed by a suite of high-quality on-chain and real-world financial assets designed to generate predictable, risk-adjusted returns. Supported by investors including a16z Crypto and Circle, the OpenTrade platform is built to enable any company to power their own stablecoin yield products for their users. Users can trust in OpenTrade’s enterprise-grade technology systems and the security guarantees of its time-tested legal protections and bank-grade asset management operations.
About WisdomTree
WisdomTree is a global financial innovator and a prominent sponsor of exchange-traded funds (ETFs), managing over $130 billion in assets. Building on its legacy of ETF innovation, WisdomTree is at the forefront of pioneering the next generation of finance through blockchain-enabled products and infrastructure. Its digital asset business offers 14 SEC-registered tokenized funds, covering money market, fixed income, equity, and asset allocation strategies. These funds are accessible via WisdomTree Prime for retail users and WisdomTree Connect for institutions. They are available across major blockchains, including Ethereum, Arbitrum, Avalanche, Base, Optimism, Plume, and Stellar, enabling users to save, invest, and manage treasury operations in a digital-native format.