LayerZero Secures $6 Million Series A Funding on September 16, 2021

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ZRO
ZRO
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According to industry media reports, LayerZero raised $6 million in Series A funding on September 16, 2021. Investors in this round include YZi Labs, Multicoin Capital, Ryze Labs, Delphi Digital, Robot Ventures, Hypersphere Ventures, DeFiance Capital, GenBlock Capital, The Spartan Group, Protocol Ventures, and other prominent investment institutions. Following this financing, LayerZero's latest valuation reached $50 million.LayerZero is a cross-chain interoperability protocol dedicated to enabling lightweight messaging between different blockchains. The project provides verifiable authentic message transmission and transaction guarantees, as well as a configurable trustless architecture, utilizing an efficient and non-upgradable smart contract mechanism. Against the backdrop of a rapidly evolving multi-chain ecosystem, LayerZero's cross-chain solution addresses a critical gap in blockchain interoperability, offering users a more secure and efficient method for interchain communication.Since its initial funding, LayerZero has achieved significant milestones. In March 2022, the project completed a $135 million Series A1 funding round, validating market recognition of its technical approach. In November 2022, LayerZero announced the repurchase of all equity acquired from FTX, demonstrating the team's strong commitment to long-term development. In April 2023, the project secured an additional $120 million in Series B financing. In June 2024, LayerZero's token ZRO was officially listed for trading on major exchanges including Coinbase and Upbit, further expanding the project's market presence. These key events fully underscore LayerZero's leading position in the cross-chain interoperability sector.

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ZRO fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
series-afundraising-$Mfundraising-$M2021-09-15YZi Labs,Multicoin Capital,Ryze Labs,Delphi Digital,Robot Ventures,Hypersphere Ventures,DeFiance Capital,GenBlock Capital,The Spartan Group,Protocol Ventures
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
$1.88
24hour-volume
$231.67K
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
market-sentim
positive
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