LayerZero completes first round strategic investment in Plume Network to accelerate RWA on chain process

BlockBeats News: On February 5th, according to official sources, LayerZero completed its first round of strategic investment in Plume Network through its lzCatalyst program. This Series A funding round is jointly led by LayerZero, Lightspeed Faction, and Animoca Ventures, aiming to accelerate Plume's core mission of promoting real-world asset on chain. It is reported that Plume is using LayerZero technology to build fully chain interoperable applications, and its revenue protocol Skylink integrates LayerZero's lzRead to achieve seamless and secure distribution of RWA revenue across multiple chain ecosystems. By creating mirrored YieldTokens, Skylink enables investors to access and manage institutional level returns on any blockchain without permission. The investment made through lzCatalyst demonstrates LayerZero's support for Plume's innovative interoperability solution and demonstrates the commitment of both parties to continuously promote the expansion of cross chain finance and digital asset management boundaries. As the first full stack L1 RWA chain and ecosystem specifically designed for real-world asset finance (RWAfi), Plume Network simplifies the process of asset on chain and achieves seamless integration of RWA and DeFi protocols through an end-to-end tokenization engine and financial infrastructure partner network. Its EVM compatible environment supports anyone to tokenize real-world assets, distribute them globally, and create practical value for native crypto users. Currently, over 180 projects have been deployed on this network. Currently, Plume Network has established a robust ecosystem consisting of over 180 development projects. As the first full stack L1 RWA chain, Plume provides a composable EVM compatible environment that supports tokenization and management of diverse real-world assets.