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LayerZero develops a protocol that connects over 50 different blockchains, allowing developers to create applications, tokens, and experiences that can operate across multiple chains. Their technology includes immutable on-chain endpoints and a configurable Security Stack, which enables the secure transfer of messages and assets between blockchains. Unlike many competitors, LayerZero allows clients to customize their security and efficiency settings, making it easier for developers in the blockchain and cryptocurrency sectors to build omnichain solutions. The goal of LayerZero is to enhance blockchain interoperability, facilitating seamless communication and asset transfer across various blockchain networks.
Company Stage
Series B
Employees
51-200
Industries
Crypto & Web3
Total Funding
$303.3M
Headquarters
N/A
Founded
2021
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