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
Recent funding
Initial Coin Offering
Apr 2025
$55M
Series B
Apr 2023
$120M
Equity
Mar 2022
$135M
Series A
Sep 2021
$6M