a16z Splashes $55M on LayerZero’s $ZRO Token

Twitter icon  •  Published 2 months ago on April 18, 2025  •  Hassan Maishera

On Thursday, the LayerZero team announced via X that a16z crypto has acquired an additional $55 million ZRO, locked for three years.

a16z Splashes $55M on LayerZero’s $ZRO Token

On Thursday, the LayerZero team announced via X that a16z crypto has acquired an additional $55 million ZRO, locked for three years. a16z Crypto led LayerZero’s Series A+ and Series B rounds, and has believed in their vision from the outset.

LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $2.394, up 2% in the last 24 hours. 

 

China’s JD.com to Apply for Stablecoin Licenses in Major Global Markets
Next article China’s JD.com to Apply for Stablecoin Licenses in Major Global Markets

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.