Allegiance Oil & Gas Launches First Mineral Vault on Plume Network with Over $1B in AUM

Wednesday, 11 September 2024, 06:00

Allegiance Oil & Gas has unveiled the first Mineral Vault on the Plume Network, showcasing their impressive $1 billion in assets under management. This innovative initiative aims to integrate real-world assets into blockchain technology, marking a significant milestone in asset management. The launch is set to shape the future of investments in mineral resources.
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Allegiance Oil & Gas Launches First Mineral Vault on Plume Network with Over $1B in AUM

Innovative Launch of Mineral Vault

San Francisco, CA, US, September 11th, 2024, Chainwire. Allegiance Oil & Gas is leading the industry with their revolutionary Mineral Vault on the Plume Network, boasting over $1 billion in assets under management. This fund represents a groundbreaking step in bringing real world assets (RWAs) onchain, revolutionizing how mineral resources are managed in the blockchain space.

Understanding the Plume Network

The Plume Network is the first modular EVM chain designed for integrating RWAs. With this launch, Allegiance Oil & Gas is set to transform traditional asset management by leveraging modern technology to enhance the liquidity and efficiency of mineral investments.

Benefits of the Mineral Vault

  • Transparency in asset management
  • Improved liquidity for investments
  • Access to a diverse range of mineral resources

This initiative not only emphasizes the potential of blockchain technology but also highlights the increasing relevance of mineral investments in today's financial landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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