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 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.
