Apollo Global Management has invested a seven-figure sum in Plume, a blockchain infrastructure provider focused on real-world assets (RWAs), marking another strategic move by the private equity giant into digital finance.

Plume operates a modular, Ethereum-compatible protocol that enables the tokenisation of a broad range of real-world assets—from financial instruments and carbon credits to collectibles. The platform is designed to bring these assets on-chain and make them usable in traditional decentralised finance (DeFi) activities such as lending, borrowing, and trading.

The capital injection will support Plume’s full-stack infrastructure rollout and help expand access to its ecosystem, which already supports more than 18 million crypto wallets and integrates with over 200 protocols. Although terms of the deal were not disclosed, a company spokesperson confirmed the investment is in the seven-figure range.

Apollo’s investment reflects rising institutional interest in blockchain-enabled alternatives. A recent study from Ripple and Boston Consulting Group projects the tokenised asset market could grow to $18.9tn by 2033.

For Apollo, the Plume deal aligns with its broader strategy to harness blockchain to enhance access to alternative assets. “Our investment in Plume underscores Apollo’s focus on technologies that broaden access to institutional-quality products and create more seamless, innovative client experiences,” said Christine Moy, partner and head of digital assets at Apollo.

She added: “As private assets and funds increasingly move on-chain, Plume represents a new kind of infrastructure focused on digital asset utility, investor engagement, and next-generation financial solutions—advancing the development of a more efficient and programmable financial system.”

This latest move reaffirms Apollo’s position at the forefront of private equity’s digital transformation, with growing emphasis on tokenised infrastructure and programmable asset solutions.