LayerZero Secures $55 Million in OTC Financing on April 17, 2025
ZRO
ZRO
-2.35%
According to relevant media reports, LayerZero secured $55 million in OTC financing on April 17, 2025. The investor in this round was Andreessen Horowitz. Following this transaction, LayerZero's cumulative financing reached $261 million, further solidifying its leading position in the cross-chain interoperability sector.LayerZero is an omnichain interoperability protocol focused on lightweight cross-chain messaging. The protocol offers users reliable and verifiable message delivery by implementing a configurable trustless mechanism. Its underlying architecture employs an efficient, non-upgradable smart contract system that optimizes gas costs while ensuring security, providing robust infrastructure support for cross-chain applications.As the blockchain ecosystem evolves toward a multi-chain landscape, the significance of cross-chain interoperability protocols has become increasingly prominent. Through its innovative technical solutions, LayerZero effectively addresses communication challenges between different blockchains, advancing industry-wide connectivity. Since the launch of the ZRO token in June 2024, LayerZero has been listed on major exchanges and received widespread market attention and recognition. This financing round further enhances the project's development momentum and will help LayerZero continue expanding its ecosystem applications, making greater contributions to the prosperity of the cross-chain application ecosystem.
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ZRO Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| -- | $55 M | -- | 2025-04-16 | Andreessen Horowitz |
Key Milestones
- 2024-10-22Binance listed SCR
- 2024-06-20ZRO is live for trading
- 2024-06-20Binance listed ZRO
- 2024-06-20Coinbase listed ZRO
- 2024-06-20Upbit listed ZRO
- 2024-06-19LayerZero will airdrop on June 19.
- 2023-04-04LayerZero raised $ 120 M in Series B round
- 2022-11-11LayerZero announces that it has repurchased all its equity from FTX
- 2022-03-30LayerZero raised $ 135 M in Series A1 round
- 2021-09-16LayerZero raised $ 6 M in Series A round
24-Hour High
$1.92
24-Hour Volume
$387.00K
All-Time High
$7.55
All-Time Low
$0.859
Market Cap / FDV
25.23%
FDV
$1.92B
24-Hour Low
$1.78
Market Cap
$1.92B
Circulating Supply
252.33M ZRO
Total Supply
1.00B ZRO
Max Supply
1.00B ZRO
Market Sentiment
--
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.57% | 6.04% | 4.08% | 1.05% | 36.11% |
