As the first full-stack L1 real-world asset (RWA) public chain, Plume Network announced today a major expansion plan for its cross-chain ecosystem - SkyLink will be deployed to 16 blockchain networks. This progress comes at a time when the total value of real-world assets (RWA) on the chain has doubled in the past year, approaching $17 billion, becoming one of the fastest growing tracks in Web3. Currently, more than 180 projects are being built on the network, allowing anyone to tokenize real-world assets, distribute them globally, and create practical uses for crypto-native users.
As part of its ecosystem expansion, Plume Network's SkyLink is an interoperability solution designed to enable secure cross-chain RWA revenue distribution. SkyLink will be launched on the first batch of supported networks, including Solana, Movement, Injective, Omni Network, Zircuit, Ape Chain, Core, Polyhedra, Gravity by Galxe, Merlin, Xion, Rome, Echelon, D3, Hemi, and Memento.
Through SkyLink’s mirrored YieldToken, users on these networks can now obtain institutional-grade RWA yields without permission, which will flow directly to their wallets. The solution utilizes LayerZero’s SyncPools technology to achieve seamless full-chain functionality. It is worth noting that the mirrored tokens introduced by SkyLink ensure that the total locked value (TVL) is safely retained on the original chain, maintaining liquidity and enhancing the value of each network.
"The growth of the RWA track relies on the collaborative efforts of a diverse blockchain ecosystem, with all parties leveraging their respective strengths to jointly build a strong cross-chain infrastructure," said Teddy Pornprinya, co-founder of Plume Network. "By working with these networks, we are laying the foundation for an interoperable RWA ecosystem, making it easy for institutional-level returns to be obtained on any chain or rollup."
With traditional markets (including commodities, bonds, and stocks) exceeding $100 trillion in size, this represents a massive tokenization opportunity. This expansion addresses a key market need: While RWA tokenization has shown significant growth, the ability to distribute returns across different blockchain ecosystems remains a decentralized challenge.
SkyLink’s integration with LayerZero enables a unified liquidity pool and supports cross-chain minting and destruction functions, allowing for seamless issuance and redemption of YieldTokens on multiple chains while retaining Plume’s advantages in asset custody and compliance infrastructure. This integration enables the following features:
- Realize continuous revenue flow on any supported blockchain network;
- Access institutional-grade RWA benefits without permission;
- Providing native composability for yield tokens in DeFi applications;
- Achieve unified compliance and security standards across all chains.
"Looking ahead to 2025, we believe multi-chain interoperability will be key to driving the next phase of RWA adoption," said Jason Meng, head of business at Plume Network. "Our goal is to build Plume into a hub for cross-chain RWAfi yield distribution to support the growing demand for real-world asset exposure in DeFi. We are actively looking to integrate new networks to further expand this ecosystem."