LayerZero has completed the first-round strategic investment in the Plume Network to accelerate the on-chain Real World Asset (RWA) process.

BlockBeats News, February 5th, According to official sources, LayerZero has completed the first-round strategic investment in Plume Network through its lzCatalyst program. This Series A funding was jointly led by LayerZero, Lightspeed Faction, and Animoca Ventures, aiming to accelerate Plume's core mission of bringing real-world assets onto the blockchain.

It is reported that Plume is utilizing LayerZero technology to build a full-chain interoperable application. Its revenue protocol, SkyLink, seamlessly and securely distributes RWA (Real World Asset) income across a multi-chain ecosystem by integrating LayerZero's lzRead. By creating mirrored YieldTokens, SkyLink allows investors to access and manage institutional-grade income on any blockchain without permission. This investment through lzCatalyst demonstrates LayerZero's support for Plume's innovative interoperability solution and reflects both parties' commitment to advancing the boundaries of cross-chain finance and digital asset management.

As the first full-stack L1 RWA chain and ecosystem designed specifically for Real World Asset Finance (RWAfi), Plume Network simplifies the asset onboarding process and enables seamless integration of RWA with DeFi protocols through an end-to-end tokenization engine and a network of financial infrastructure partners. Its EVM-compatible environment allows anyone to tokenize real-world assets, distribute them globally, and create practical value for native crypto users. Currently, over 180 projects are deployed on this network.

Currently, Plume Network has built a robust ecosystem with over 180 development projects. As the first full-stack L1 RWA chain, Plume offers a composable EVM-compatible environment that supports the tokenization and management of diverse real-world assets.