cyrpto 3year, 55M, a16z, acquires, crypto, LayerZeros, lock, tokens, ZRO Mark April 17, 2025 0 Comments

a16z Crypto acquires $55M in LayerZero’s ZRO tokens with 3-year lock

According to an ad on X.

The newly bought tokens will be subject At a three -year locking period, demonstrating the company’s long -term commitment to the project.

The movement is based on the previous A16Z layer supportAfter managing the financing towers of the A + series and the B series.

General partner Ali Yahya describe CLOSEUR (Zro) As a critical infrastructure for a new Onchain financial system, noting that the protocol makes it possible to operate new commercial models and complex workflows through blockchain networks.

I am delighted to announce that we have invested an additional $ 55 million in @Layerzero_core Tokens (Zro), with a 3 -year lock.

Our global financial system is evolving, and it is great to see the protocol allow many new companies and complex workflows to move onchain. pic.twitter.com/uydhasskyr

– Ali Yahya | living.eth (@alive_eth) April 17, 2025

Layerzero is positioned as a Fundamental layer for interoperabilityBy comparing its role to that of TCP / IP for Internet. It allows developers to create applications that work perfectly on several channels.

The protocol currently supports more than 125 blockchains, facilitates 70% of the interoperability of the stable reserve and has processed more than 140 million messages and 75 billion dollars in volume.

The announcement highlights the growing confidence of investors in infrastructure projects that allow transversal functionality. As the adoption of blockchain develops, Layerzero aims to become the default email protocol to connect fragmented crypto ecosystems.

At the news, Zro jumped 10%, according to CoinMarketCAP data.