Page 15 - Layerzero Labs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On Tuesday, LayerZero Labs announced the completion of a $120 million Series B financing, increasing the company’s valuation from $1 billion to $3 billion. LayerZero Laboratories is a web3 communications protocol. This messaging protocol eliminates the need for third-party middlemen for sending messages between blockchains, unlike Web 2.0 messaging applications like WhatsApp and Telegram. LayerZero …

Cross-chain messaging protocol developer LayerZero Labs has raised another $120 million, according to an Apr. 4 announcement. The company plans to use the…

Over 33 investors participated in the funding round, including Andreessen Horowitz, Sequoia Capital and Samsung Next.

The distribution of more 1.6 million ARB tokens will deepen the connection between Arbitrum and Stargate.

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