LayerZero Completes First Strategic Investment in Plume Network through lzCatalyst Program

PANews reported on February 5 that according to official news, LayerZero announced the completion of its first round of strategic investment in Plume Network through its lzCatalyst program. lzCatalyst is a program designed to incubate ideas and accelerate their realization, dedicated to connecting top blockchain developers with top crypto venture capital institutions, and Plume Network is the first team invested in by the program.

It is reported that Plume Network is using LayerZero's 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 multiple chain ecosystems. By creating a mirrored YieldToken, SkyLink enables investors to easily access and manage institutional-level returns without permission, and can be operated on any blockchain.

As the first full-stack L1 RWA chain and an ecosystem built specifically for real-world asset finance (RWAfi), the Plume Network ecosystem now includes more than 180 development projects. It provides a composable EVM-compatible environment that supports the tokenization and management of diverse real-world assets. The network greatly simplifies the asset chain process and achieves seamless integration of DeFi through an end-to-end tokenization engine and a network of financial infrastructure partners.

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Author: PA一线

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