Plume Vaults is expanding access to OnRe’s ONyc, bringing the yield-bearing reinsurance asset to Monad through nONYC.

Built by OnRe, ONyc provides onchain exposure to reinsurance-backed yield through a regulated structure, with returns generated from underwriting premiums and collateral rather than crypto-native incentives. Until now, the asset has primarily been available only on Solana.

nONYC packages ONyc within Plume’s Vault infrastructure, creating a distribution-ready version that can be deployed across supported EVM networks. The initial deployments will bring nONYC to Monad and Ethereum, giving capital across the EVM ecosystem a new route into an asset that has largely been concentrated in Solana.

Making RWAs More Distributable

Tokenization is only one part of bringing real-world assets onchain. For an asset to reach more capital, it also needs to be available across the networks and applications where that capital already exists. This is Plume Vault's aim. 

Its infrastructure packages institutional assets and strategies into standardized products that can be distributed across multiple ecosystems, allowing existing RWAs to reach new sources of demand without requiring a separate infrastructure stack for every network.

The approach is already being applied across private credit, Treasuries, fixed income and emerging-market credit. Plume Vaults now has more than $200M in TVL, while ONyc has grown into one of the largest actively deployed RWAs on Solana, with more than $225M deployed across Solana DeFi.

With nONYC, that existing asset can now move beyond its original ecosystem and into new markets.

Explore nONYC here.