On Wednesday, the LayerZero team announced via X that it has become the official insurance partner of Ondo Finance. This comes after Ondo Finance launched the Ondo Global Markets.
The Ondo Global Markets launches over 100 tokenized stocks on Ethereum, the largest deployment of tokenized securities in history. The LayerZero OFT Standard powers stablecoins everywhere; now it is the standard powering tokenized stocks and ETFs.
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 $1.889, up 1.7% in the last 24 hours.