LayerZero Secures $120 Million Series B Funding on April 4, 2023

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ZRO
ZRO
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According to media reports, LayerZero secured $120 million in Series B funding on April 4, 2023. The round was led by prominent investors including Andreessen Horowitz, Sequoia Capital, Samsung Next, IOBC Capital, Bixin Ventures, NGC Ventures, Lightspeed Venture, OKX Ventures, Circle Ventures, and OpenSea Ventures. Following this funding, LayerZero's latest valuation reached $3 billion.LayerZero is a cross-chain interoperability protocol focused on enabling lightweight messaging across different blockchains. The protocol delivers authentic and reliable message transmission capabilities with configurable trustless features, implemented through a series of efficient and non-upgradable smart contracts. As a key project in the Web3 infrastructure layer, LayerZero aims to address interoperability challenges in multi-chain ecosystems and lays the foundation for building a unified cross-chain application ecosystem.LayerZero has experienced rapid development following its funding. In June 2024, LayerZero's governance token ZRO officially began trading and was listed on major exchanges, accompanied by a token airdrop. Subsequently, the project ecosystem continued to expand, with the ecosystem token SCR launching on major exchanges in October 2024. This series of developments underscores LayerZero's significant position and market recognition in the cross-chain interoperability sector.

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ZRO fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
series-bfundraising-$Mfundraising-$B2023-04-03Andreessen Horowitz,NGC Ventures,OKX Ventures,Lightspeed Venture,Bixin Ventures,IOBC Capital,Samsung Next,Sequoia Capital,Chapter One,Global Coin Research
fundraising-key-milestones
  • 2024-10-22
    Binance listed SCR
  • 2024-06-20
    Binance listed ZRO
  • 2024-06-20
    ZRO is live for trading
  • 2024-06-20
    Upbit listed ZRO
  • 2024-06-20
    Coinbase listed ZRO
  • 2024-06-19
    LayerZero will airdrop on June 19.
  • 2023-04-04
    LayerZero raised $ 120 M in Series B round
  • 2022-11-11
    LayerZero announces that it has repurchased all its equity from FTX
  • 2022-03-30
    LayerZero raised $ 135 M in Series A1 round
  • 2021-09-16
    LayerZero raised $ 6 M in Series A round
24hour-high
$1.89
24hour-volume
$221.06K
alltime-high
$7.55
alltime-low
$0.859
market-cap--f
25.23%
fdv
$1.85B
24hour-low
$1.78
market-cap
$1.85B
circulating-s
252.33M ZRO
total-supply
1.00B ZRO
max-supply
1.00B ZRO
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