Plume launches FACTOR, a vault paying yield from invoice and working capital financing

Plume Brings Institutional Working Capital Finance Onchain

Plume Network has launched FACTOR, a new yield-generating vault that makes institutional-quality factoring, financing, and infrastructure opportunities accessible to on-chain investors. The vault is built in partnership with Deep Ocean Partners, a U.S.-based private debt firm specialising in tailored credit solutions for high-growth businesses, and Tradable, which provides the tokenization infrastructure and marketplace.

Plume sourced the underlying positions from Deep Ocean Partners through the Tradable marketplace. The initial portfolio pools invoice factoring, revolving credit lines, and other short-term asset-backed loans, giving depositors exposure to net working capital financing opportunities across asset-backed lending, receivables financing, and infrastructure-related assets.

14% Target APY With Weekly Redemptions

@plumenetwork has set a target return of over 14% net APY. Weekly liquidity is sustained through three mechanisms: a liquid asset reserve, periodic invoice collections, and a repurchase agreement with Deep Ocean Partners covering part of the exposure. The yield is generated by cycling capital through short-dated receivables rather than reaching for weaker credit quality.

Capacity is capped at $15 million. According to a Business Wire release, investor demand exceeded the initial allocation ahead of launch, with the vault reported as oversubscribed and capped at launch. Early deposits stood at approximately $1.3 million at the time of announcement. The vault is expected to grow as Deep Ocean Partners and Tradable bring additional capacity online.

The launch marks another step in Plume's broader push to bring real-world asset (RWA) financing onchain, following earlier vault products tied to payment financing and stablecoin-backed receivables.

Sources:
Plume Launches FACTOR Vault (Business Wire via Crypto Reporter)
Plume Opens FACTOR Vault for Onchain Working Capital Finance (Crypto Economy)