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LayerZero Labs

580 Hornby Street Suite 520, Vancouver, British Columbia, V6C 2W2, Canada

Overview

LayerZero Labs is the creator of LayerZero, an interoperability protocol designed to eliminate liquidity fragmentation by allowing cryptocurrencies, stablecoins, and other digital assets to move natively between blockchains. The company’s Omnichain Fungible Token (OFT) standard underpins blockchain-agnostic assets such as USDt0, a version of Tether’s USDT that has reportedly transferred more than $70 billion across networks in under a year. By guaranteeing fungibility across chains, LayerZero gives developers confidence that capital will not be trapped on a single network, expanding use cases for decentralized finance. The same infrastructure also supports more experimental concepts like AI agents that autonomously manage wallets and payments—what Tether calls “agentic finance.” Recent deployments by Everdawn Labs and the launch of tokenized gold asset XAUt0 further showcase the protocol’s real-world traction. LayerZero’s ZRO governance token reacted to the latest investment news with brief gains, reflecting market interest in the project.

Total raised
$316M
Funding rounds
5
Latest round
Initial Coin Offering
Latest activity
Apr 2025

Industries

  • Apps
  • Blockchain
  • Cryptocurrency
  • Software
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Recent funding

  1. Initial Coin Offering

    Apr 2025

    $55M

  2. Series B

    Apr 2023

    $120M

  3. Equity

    Mar 2022

    $135M

  4. Series A

    Sep 2021

    $6M

Team