Cross-chain messaging protocol developer LayerZero Labs has raised a further $120 million, in response to an April 4 announcement. The corporate plans to make use of the capital to extend its workforce and broaden its attain within the Asia-Pacific area. The corporate had beforehand raised $135 million in March 2022.
LayerZero Labs is finest identified for its cross-chain messaging protocol, LayerZero, which is usually used to bridge property between blockchain networks. He’s additionally the developer of the Stargate multi-chain bridge.
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