LayerZero Secures $55 Million in OTC Financing on April 17, 2025

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ZRO
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According to media reports, LayerZero secured $55 million in OTC financing on April 17, 2025. The investor in this round was Andreessen Horowitz (a16z). Following this financing, LayerZero’s total cumulative funding reached $261 million, reflecting continued investor confidence in its long-term development prospects.LayerZero is an omnichain interoperability protocol dedicated to enabling lightweight cross-chain messaging. The project provides configurable, trustless messaging solutions through efficient and non-upgradable smart contracts, establishing a robust foundation for interconnectivity among multiple blockchains within the Web3 ecosystem. Against the backdrop of an increasingly complex multi-chain environment, LayerZero’s cross-chain interoperability technology is of significant importance, helping to reduce the costs of cross-chain interactions and promote overall blockchain ecosystem interconnectivity.LayerZero’s development history demonstrates ongoing innovation in the cross-chain sector. In June 2024, the project successfully launched the ZRO token, which has gained widespread support from major exchanges, including Binance, Coinbase, and Upbit. In addition, LayerZero has completed several important funding rounds, including a $120 million Series B round in April 2023 and a $135 million Series A1 round in March 2022. The arrival of this OTC financing will further strengthen LayerZero’s investment in cross-chain technology research and development and ecosystem building, injecting new momentum into the future development of omnichain interoperability.

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ZRO fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
--fundraising-$M--2025-04-16Andreessen Horowitz
fundraising-key-milestones
  • 2024-10-22
    Binance listed SCR
  • 2024-06-20
    ZRO is live for trading
  • 2024-06-20
    Binance listed ZRO
  • 2024-06-20
    Upbit listed ZRO
  • 2024-06-20
    Coinbase listed ZRO
  • 2024-06-19
    LayerZero will airdrop on June 19.
  • 2023-04-04
    LayerZero raised $ 120 M in Series B round
  • 2022-11-11
    LayerZero announces that it has repurchased all its equity from FTX
  • 2022-03-30
    LayerZero raised $ 135 M in Series A1 round
  • 2021-09-16
    LayerZero raised $ 6 M in Series A round
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