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Blockchain Messaging Protocol Layerzero Raises $120M, Hitting $3B Valuation

Blockchain Messaging Protocol Layerzero Raises $120M, Hitting $3B Valuation

04/04/23, 1:05 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgunited states
Money raised
$120 million
Industry
financial services
software
Investors
Bond, Christie’s, Samsung Next, Open Sea, Sequoia Capital, Circle Ventures, A16z Crypto

Company Info

Company
LayerZero Labs
Location
united states
Additional Info
LayerZero is an omnichain interoperability protocol that allows dApps to build across multiple blockchains in a trustless, efficient manner. LayerZero connects dApps across chains using on-chain Ultra Light Nodes, which achieve the security of a light node with the cost-effectiveness of a middle-chain. Using the protocol, developers can turn their dapps into omnichain-applications using a single, simple interface. For more information visit: https://layerzero.network.

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