Plume has launched its Nest vaults on Solana
Plume is pushing real-world yield directly into Solana. The RWA-focused project has rolled out its Nest vaults on Solana, a move that gives the network’s users native access to institutional-grade yield from tokenized Treasuries, on-chain credit and receivables—assets that traditionally sit far from crypto exchanges and AMMs. The launch was first reported by CoinDesk.
Why this matters
RWAs have become crypto’s most credible “bridge” to traditional finance: tokenized cash-flowing assets with transparent reserves and predictable payouts. Solana’s low-latency, high-throughput design is a natural distribution rail for yield products that benefit from frequent compounding, composability and liquid secondary markets. The network has also drawn growing interest from institutions this year—think R3’s tie-up with the Solana Foundation to connect bank-grade Corda deployments with public Solana rails.
The same week Plume’s Nest reached Solana, Figure Technology unveiled an RWA consortium to port more than $1B/month in on-chain loan originations to Solana via partners like Chainlink, Kamino and Raydium—another sign that real-world yield is becoming a first-class citizen in the Solana economy.
What Nest vaults actually hold
Per the announcement, Nest exposes Solana users to a basket of income-generating assets—U.S. Treasuries, private credit and receivables among them—via tokenized vaults that mint a transferable receipt token for use across DeFi. That’s a different risk profile than pure crypto staking rewards; returns come from off-chain assets and counterparties that are underwritten and monitored.
Plume’s product pages put more color around the risk stack: assets are sourced from licensed originators, held with regulated custodians, and accompanied by third-party credit evaluations and tokenized risk disclosures. Programmatic compliance (AML/sanctions screening with vendors like TRM, Elliptic and Chainalysis) is baked into the architecture.
Beyond the vault mechanics, Plume relaunched Nest in November with a revamped interface and a Nest Points (PNP)program that ties activity—holding vault tokens, seeding new vaults, providing liquidity—to an allocation of PLUME. Season One runs through March 2026, framing a multi-month adoption push as new vaults and integrations come online.
How Solana users will tap it
Plume describes Skylink—its “omnichain yield” plumbing—as the distribution layer that lets Nest’s RWA yields surface where users already are. The Solana debut means users can acquire and deploy Nest vault receipts on Solana and plug them into familiar tooling (lending, DEXs, yield routers), rather than bridging back and forth to reach RWAs. In practical terms: deposit stablecoins, mint the vault receipt, earn yield from tokenized off-chain assets, and then put that receipt to work in Solana DeFi.
The institutional angle
The institutional pipeline is starting to take shape around Nest. Securitize—the tokenization firm behind BlackRock’s BUIDL fund—said it will deploy institutional-grade assets on Plume’s Nest, with an initial focus on Hamilton Lane strategies and a target of $100 million, while Solv Protocol committed up to $10 million to Plume’s RWA vaults. The integrations keep assets within a regulated wrapper while letting DeFi users trade and stake them on-chain.
Plume has also touted vaults and partnerships tied to large credit managers in 2025—part of the broader march to bring private credit and other yield streams on-chain. While these moves vary by issuer and network, they reinforce the direction of travel: RWAs are no longer proofs-of-concept, but live products with institutional names attached.
The bigger picture: RWAs rising
Market data backs the momentum. Analytics dashboards tracking tokenized assets show tens of billions of dollars now circulating as tokenized treasuries, credit and funds, with a growing long-tail of asset types (from mineral royalties to receivables) and a user base that’s steadily broadening. That base layer of real, off-chain cash flows is what allows RWA receipts like Nest’s tokens to behave more like money-market assets in DeFi—programmable and composable, yet anchored by traditional income.
For Solana specifically, this creates flywheels: vault receipts can be used as collateral on lending markets, LP’d on AMMs, or bundled into structured products. Each integration attracts more wallets and liquidity, which in turn attracts more issuers seeking efficient distribution for tokenized assets.
Caveats and compliance
As with any RWA product, details matter. Plume states Nest is not available to U.S. persons at launch, and that access may be restricted in sanctioned jurisdictions; the platform stresses full on-chain transparency, third-party audits of smart contracts, and alignment with MiCA/SEC/FATF guidance through its compliance layer. Users should confirm the network, issuer, custodian and disclosure package for each vault before depositing funds.
And regulators are watching. RWA protocols must balance DeFi-style permissionlessness with issuer KYC/AML and securities-law obligations—one reason partnerships with entities like Securitize are meaningful. They keep assets within a supervised framework while still enabling composability on public chains.
Conclusion
With Nest now live on Solana, Plume is translating institutional RWA yield into a format the Solana ecosystem can actually use: fungible, composable vault receipts that plug into DEXs, lenders and structured-yield venues. Taken alongside Figure’s Solana-bound consortium and enterprise tie-ups like R3-Solana, the timing suggests a broader pivot: real-world yield is becoming native to Solana DeFi, not an afterthought bridged in from elsewhere.