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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.