LayerZero company
Overview
LayerZero Labs builds LayerZero, an omnichain interoperability protocol that lets blockchains share data, tokens and commands as though they were a single system, providing a messaging layer applications can build on rather than a token bridge in isolation. The company raised $120 million in a Series B at a $3 billion valuation, with backers including a16z crypto, Circle Ventures, OKX Ventures, OpenSea Ventures, Samsung Next and Sequoia Capital; aggregate reported fundraising across rounds is about $318 million from investors including Andreessen Horowitz and Sequoia. Its ZRO token launched in June 2024 accompanied by an airdrop of 8.5% of supply: 5% to core community members who used the protocol before the snapshot, 3% to developers and projects via Request for Proposal submissions, and 0.5% reserved for a community pool funding future incentive programmes. ZRO holders participate in governance proposals and voting on the protocol's direction and can stake tokens to earn rewards. LayerZero Labs raised a $120 million Series B at a $3 billion valuation from a16z crypto, Circle Ventures, OKX Ventures, OpenSea Ventures, Samsung Next and Sequoia, with roughly $318 million raised overall. It launched the ZRO token in June 2024 with an 8.5% supply airdrop split between community users, RFP-based developer grants and a community incentive pool.
Within the DeFi Intel graph, LayerZero connects to 13 tracked entities, most strongly to Tether, Tether, ether.fi.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 13 total).
| Relation | Connected entity | Confidence |
|---|---|---|
partnered_with | Tether | 95% |
invested_in | Tether | 95% |
uses-bridge-of | ether.fi | 90% |
partnered_with | Dinari | 90% |
partnered_with | ERC-3643 Association | 90% |
uses-bridge-of | weETH | 90% |
invested_in | Tether Global Investment Fund SICAF S.A. | 90% |
invested_in | Founders Fund | 85% |
invested_in | Pantera Capital | 70% |
invested_in | Dragonfly Capital | 70% |
Frequently asked questions
What is LayerZero?
LayerZero is a company tracked in the DeFi Intel knowledge graph. It is connected to 13 other tracked entities, most strongly to Tether, Tether, ether.fi.
What type of entity is LayerZero?
LayerZero is classified as a company (company) in the DeFi Intel knowledge graph.
What is LayerZero connected to?
In the DeFi Intel knowledge graph, LayerZero is linked to 13 other tracked entities, most strongly to Tether, Tether, ether.fi.
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