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A group of investors led a $135m funding round in LayerZero Labs.

Synopsis

A group of investors, including Sequoia Capital, FTX Ventures, Andreessen Horowitz, Coinbase Ventures, PayPal Ventures, Tiger Global and Uniswap Labs led a $135m funding round in LayerZero Labs, an omnichain interoperability protocol company. “This round is a massive step forward for LayerZero Labs and the unfolding interoperability landscape. We’ve brought some of the best and most well respected entities in the world together to accomplish the same goal: create the generic messaging layer that underpins all interoperability between blockchains,” Bryan Pellegrino, LayerZero Labs CEO and co-founder.

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