LayerZero makes its first strategic investment in Plume Network, betting on the RWA track

Odaily Planet Daily News According to official news, LayerZero announced the completion of the first round of strategic investment in Plume Network through the lzCatalyst plan. As the first full-stack L1 RWA chain and an ecosystem built specifically for real-world asset finance (RWAfi), Plume Network's Series A financing was jointly led by LayerZero, Lightspeed Faction and Animoca Ventures, aiming to accelerate its core mission of promoting real-world assets on the chain. As the first full-stack L1 RWA chain, Plume Network provides a composable EVM-compatible environment and supports the tokenization and management of diverse real-world assets. Plume is using LayerZero technology to build full-chain interoperable applications. Its yield agreement SkyLink integrates LayerZero's lzRead to achieve seamless and secure distribution of RWA yields across multi-chain ecosystems. By creating a mirrored YieldToken, investors can access and manage institutional-level yields on any blockchain without permission. This investment demonstrates LayerZero’s support for Plume Network’s innovative interoperability solutions and accelerates LayerZero’s real-world asset tokenization process.