The Layerzero Omnichin-Protocol team attracted $ 135 million when estimated at $ 1 billion

Layerzero Omnichin-Protocol Developers attracted $ 135 million as part of the round of financing of the A+ series when assessing $ 1 billion. It was led by Sequoia, FTX Ventures and Andreessen Horowitz.

1/ Today, We’re Thrilled to announce https://gagarin.news/ua/news/the-police-sets-up-their-own-metaverse/ our Co-lead of @Layerzero_LABS SERIES A+ WITH OUR Friends at @sequoia and @a16Z .https: // t.CO/FAE5U60SY3

– FTX: Ramnik (@ramnikarora) march 30, 2022

Coinbase Ventures, PayPal Ventures, Tiger Global and Uniswap Labs also provided financing.

In September 2021, Layerzero Labs closed the Investrae of the series A for $ 6 million. It was led by Binance Labs and Multicoin Capital.

The Layerzero protocol is designed to connect various blockchains, allowing the applications to transmit messages between chains. According to developers, their project has united the economic efficiency of Polkadot and Cosmos safety.

Layerzero supports Ethereum, Binance Smart Chain, Polygon, Avalanche, Fantom, Arbitrum and Optimism. According to CEO and co -founder Layerzero Labs Brian Pellegrino, during April this list will be replenished by SOLANA and TERRA.

Launched two weeks ago as part of the ecosystem, the Stargate bridge processed a transaction of $ 264 million.

Recall that the total amount of funds involved in the Stargate cross-country based on Layerzero reached $ 2.5 billion a week after launch. At the time of writing, the indicator exceeded $ 3.7 billion.