LayerZero announces its first strategic investment in Plume Network through lzCatalyst
Summary
ChainCatcher news, LayerZero announced its first round of strategic investment in Plume Network through the lzCatalyst program. Plume Network is a full-stack L1 RWA chain and an ecosystem built specifically for real-world asset finance (RWAfi). This round of financing (Series A) is led by LayerZero in conjunction with Lightspeed Faction and Animoca Ventures, aiming to accelerate its core mission of bringing real-world assets on-chain; the lzCatalyst program is designed to empower LayerZero ecosystem projects, dedicated to connecting top blockchain developers with leading crypto venture capital firms.Plume is leveraging LayerZero technology to build fully interoperable applications, and its yield protocol SkyLink achieves seamless and secure distribution of RWA yields across multi-chain ecosystems by integrating LayerZeros lzRead. By creating mirrored YieldTokens, SkyLink allows investors to access and manage institutional-grade yields on any blockchain without permission. As a full-stack L1 RWA chain, it provides a composable EVM-compatible environment that supports the tokenization and management of diverse real-world assets.