LayerZero Labs, the company behind the leading omnichain interoperability protocol LayerZero, has defied the ongoing crypto bear market by securing a substantial $120 million in a Series B funding round. This impressive feat highlights the company's resilience and the strong investor confidence in its groundbreaking technology.
The round, valuing LayerZero at $3 billion, attracted a notable array of 33 investors, including prominent names like a16z crypto, BOND, Christie's, Circle Ventures, OKX Ventures, OpenSea Ventures, Samsung Next, and Sequoia Capital.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| N/A | 3.88x | 44 | ||
| High | 0.34x | 36 | ||
| Very High | 8.42x | 32 |