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New Deal


Announced

Completed

OKX completed the investment in LayerZero.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Minority

Private

Friendly

United States

Software

software company

omnichain interoperability protocol

computer networking

Cross Border

Completed

Acquisition

Synopsis

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OKX, a crypto exchange and Web3 technology company, completed the investment in LayerZero, a blockchain messaging protocol company. Financial terms were not disclosed. “As messaging applications and blockchain technology become ever present in daily life, we are proud to partner with LayerZero, an innovator in both spaces. Through our investment, we’re firmly committed to supporting the LayerZero team to expand its presence globally, and especially especially in the APAC region,” Dora Yue, OKX Founder of venture arm.

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