Blockchain Messaging Protocol Layerzero Raises $120M, Hitting $3B Valuation
04/04/23, 1:05 PM
Location
Money raised
$120 million
Industry
financial services
software
Investors
Bond, Christie’s, Samsung Next, Open Sea, Sequoia Capital, Circle Ventures, A16z Crypto
Company Info
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.