New York based decentralized messaging protocol maker raised $120m in Series B funding led by A16z crypto.
“LayerZero is to blockchains what the internet was to computing clusters. LayerZero allows chains not only to build bridges (to transfer assets / value between them) but send and execute arbitrary data just like a packet on the internet. What this means is that you can now build applications that are orders of magnitude more complex than existing applications and do so with a completely seamless experience between chains.”