PANews reported on April 18 that Ali Yahya, general partner of a16z, announced on the X platform: "The company has invested an additional $55 million to purchase ZRO tokens of the cross-chain messaging protocol LayerZero, with a 3-year lock-up period." a16z has previously invested in LayerZero, including its first investment in March 2022 and subsequent investment during LayerZero's Series B financing in April 2023. The two companies did not disclose the valuation of this round of financing.
a16z announces another $55 million investment in LayerZero
Comment
关注PANews官方账号，一起穿越牛熊
- @PANewsCN
- Telegram资讯频道
- Telegram交流群
- PANews微信群
添加好友，备注「交流」进群
Recommend Reading
2025-05-14a16z Crypto Leads $7 Million Seed Round in KYD Labs to Drive Blockchain Ticketing Innovation
Antalpha is about to be listed on the Nasdaq, with an IPO price of $12.80 and plans to raise nearly $50 million
Mining company Bitfarms releases Q1 2025 financial report, with a net loss of $36 million
Vinanz receives $4 million in bridge financing to boost bitcoin business expansion, with first $2 million already received
Financial Times releases documentary about Michael Saylor and MicroStrategy, discussing their $40 billion Bitcoin investment strategy
Analysis: Bitcoin's recent rise may be led by institutions, and retail investors have not entered the market
