Plume to Acquire Dinero, Accelerating Institutional ETH, SOL, & BTC Expansion
Big news today: Plume is acquiring Dinero, the company behind Ethereum’s fastest-growing liquid staking protocol.
This move marks a major step in expanding our footprint across institutional staking and real-world assets (RWAs). And it’s happening fast.
Dinero’s infrastructure unlocks compliant, high-yield staking for Ethereum, Solana, and Bitcoin, giving institutions more ways to access crypto’s most powerful yield opportunities while staying fully regulated.
About Dinero
Dinero’s institutional liquid staking product ipxETH has already surpassed $125M TVL across the protocol. Built in collaboration with partners like Galaxy and Laser Digital, it provides regulated exposure to Ethereum staking, something institutions have been asking for since day one.
Institutional interest in crypto is ramping up across the board. Bitcoin continues to dominate corporate treasuries, Ethereum is seeing strong momentum through ETFs and staking strategies, and Solana is emerging as a serious contender with public companies now holding SOL on their balance sheets.
Dinero’s suite of products reflects that multi-chain future:
- pxETH: Ethereum’s fastest-growing LST, hitting $200M TVL at its peak
- ipxETH: Institutional liquid staking with embedded compliance
- pxBTC: Multi-chain Bitcoin staking, built for yield
- pxSOL: The first two-token LST on Solana
- Branded LSTs: White-label staking tech deployed across 8+ EVM networks (including Plume)
What It Means for Plume
By bringing Dinero’s staking products under the Plume umbrella, we’re creating a full-stack experience for institutions: compliant tokenization, onchain yield, and now, native ETH/SOL/BTC staking. All in one ecosystem.
“Dinero’s proven institutional staking solutions are a perfect complement to Plume’s RWA ecosystem,” said Teddy Pornprinya, CBO and Co-Founder of Plume.
“By introducing ETH, SOL, and BTC-based liquid staking, we’re expanding our total addressable market at a time when institutional demand for Ethereum exposure is at an all-time high.”
Since our mainnet launch in June 2025, Plume has become the leading RWA network with over 200K asset holders and $500M TVL. More than half of the world’s RWA investors are already on Plume, supported by institutional partnerships with Apollo, Blackstone, and Superstate. All distributed through Nest, our flagship staking protocol.
A Turning Point for Institutional Crypto
This acquisition is arriving at a major inflection point for institutional crypto adoption. Recent regulatory clarity has created powerful tailwinds for large firms entering the market.
According to Deloitte’s 2025 CFO survey, between 23% and 39% of large enterprises plan to add crypto to their corporate treasuries within the next two years. This represents hundreds of billions in potential inflows from companies with over $1B in annual revenue.
A big driver behind that optimism is:
- SEC guidance on liquid staking tokens (LSTs): In August 2025, the SEC issued long-awaited clarification that LSTs, when properly structured, do not constitute securities transactions. This unlocks a compliant path for institutions to participate in ETH staking at scale.
- Accounting standards catching up: Both the FASB and IASB (the U.S. and global accounting standard setters) are shifting toward fair-value treatment for digital assets, including LSTs. This closes a chapter on the punitive impairment models that only allowed downward valuations.
This means institutions can now hold, value, and report staking positions with clarity and confidence.
As regulated frameworks evolve, products like ipxETH will become the institutional standard for safe, transparent on-chain yield.
What’s Next
As the two teams integrate, here’s what users can expect:
- ipxETH will become Plume’s institutional Ethereum staking solution
- pxETH and pxSOL liquidity will transition into plumeETH, our native liquid staking token
- Dinero’s branded LST technology will be integrated directly into Plume’s product suite
“RWAs and institutional staking go hand-in-hand,” said Sami, Co-Founder and CEO of Dinero Protocol.
“With Plume’s onchain yield infrastructure and institutional network, I see this acquisition unlocking a whole new wave of structured products for TradFi institutions.”
This acquisition marks another step toward what we’ve always believed: the future of finance is fully onchain, compliant, and connected.
Together, Plume and Dinero are making that future real.
