Plume Network Expands Cross-Chain Ecosystem with SkyLink: Unlocking RWA Yields Across 16 Blockchain Networks
Plume Network, a trailblazer in Real World Asset Finance (RWAfi), has announced the launch of its revolutionary cross-chain solution, SkyLink, across 16 blockchain networks. This marks a significant leap for the rapidly growing RWA sector, which has doubled its on-chain value to nearly $17 billion in the past year.
Plume Network: Redefining RWA Yields
Plume Network, the first full-stack Layer 1 RWA chain, is leading the charge in decentralizing real-world asset (RWA) finance. Its latest innovation, SkyLink, enables seamless cross-chain distribution of institutional-grade RWA yields, offering unprecedented access and efficiency.
SkyLink will integrate with 16 prominent blockchain ecosystems, including Solana, Movement, Injective, Omni Network, Ape Chain, Gravity by Galxe, and more. This expansion provides users with permissionless access to RWA yields through mirrored YieldTokens, streamed directly to their wallets.
Plume’s integration of LayerZero’s SyncPools ensures seamless omnichain functionality while maintaining liquidity on the original chain. Mirrored tokens introduced by SkyLink help preserve total value locked (TVL) within the originating network, bolstering the overall ecosystem.
Key Features of SkyLink
- Cross-Chain Yield Streaming: Users can receive continuous RWA yields across any supported blockchain.
- Permissionless Access: Institutional-grade yields are available without the need for gatekeepers.
- Native Composability: YieldTokens can be seamlessly integrated into DeFi applications across networks.
- Unified Compliance and Security: All chains adhere to stringent compliance and security standards.
Driving the Future of RWA Adoption
“The growth of the RWA sector depends on collaboration across blockchain ecosystems. Each chain contributes unique strengths, creating a robust cross-chain infrastructure,” said Teddy Pornprinya, Co-founder of Plume Network. SkyLink lays the foundation for an interoperable RWA landscape, ensuring that institutional-grade yields are accessible across any blockchain or rollup.
Plume’s focus on cross-chain interoperability addresses a significant gap in the market. While the tokenization of real-world assets (RWAs) has surged, the infrastructure for distributing yields across multiple chains has remained fragmented—until now.
SkyLink leverages LayerZero technology to create unified pools with cross-chain mint and burn functions. This allows users to issue and redeem YieldTokens seamlessly across chains while preserving compliance and asset custody standards.
The $100 Trillion Tokenization Opportunity
With traditional markets for commodities, bonds, and stocks exceeding $100 trillion, Plume Network’s expansion addresses a critical need for bridging these assets into DeFi. This innovation empowers small businesses, institutional investors, and DeFi users to tokenize and trade RWAs efficiently.
“Looking ahead to 2025, multi-chain interoperability will be key to unlocking the next phase of RWA adoption,” said Jason Meng, Head of Business Development at Plume Network. “Our goal is to establish Plume as the hub for cross-chain RWA yield distribution, catering to the growing demand for RWA exposure in DeFi.”
About Plume Network
Plume Network is the first full-stack Layer 1 blockchain purpose-built for Real World Asset Finance (RWAfi). It provides an EVM-compatible ecosystem with over 180 projects building on its platform. By offering a composable environment and an end-to-end tokenization engine, Plume simplifies asset onboarding and accelerates RWA adoption in DeFi. Its financial infrastructure partnerships enable seamless global tokenization and integration of real-world assets for crypto users.
Learn more about Plume Network and SkyLink:
- Twitter | Website | Discord | Telegram
Disclaimer: TheNewsCrypto does not endorse any content on this page. Readers should conduct their own research before making investment decisions. TheNewsCrypto is not liable for any loss or damage resulting from the use of the content, products, or services mentioned.
