Full-Time
Confirmed live in the last 24 hours
Develops blockchain interoperability protocols for applications
No salary listed
Mid, Senior
New York, NY, USA
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 other solutions, LayerZero allows clients to customize their security configurations, 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 Size
51-200
Company Stage
Late Stage VC
Total Funding
$318M
Headquarters
Vancouver, Canada
Founded
2021
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Company Equity
Layerzero has launched Hyperbridge, a new interoperability solution connecting external blockchain assets to Hyperliquid's decentralized trading ecosystem, which recently saw its open interest hit a record $5.6 billion.
Ondo and LayerZero have launched a bridge for USDY on Solana.
Selected members of the ERC3643 association, together with Tokeny, LayerZero, Fasanara Capital, and ABN AMRO, have launched a cross-chain Delivery-vs-Payment (DvP) solution for regulated tokenized assets. The solution enables atomic settlement between ERC-3643-based security tokens and cash-equivalent tokens across the Polygon and Base networks.Initiated within the non-profit ERC3643 Association, the solution demonstrates how on-chain securities and cash-equivalent tokens can be securely settled across two blockchains, without requiring counterparties to bridge assets across chains. This removes a major friction point and addresses the institutional need to operate the cash and security legs on separate networks.The system showcases a concrete and real-time proof of concept use case: Fasanara issued ERC-3643-based security tokens on Polygon using Tokeny’s onchain finance platform, while ABN AMRO issued cash tokens on Base. A decentralized application (dApp), developed by Labrys, orchestrates the cross-chain DvP process using LayerZero’s messaging infrastructure.This use case demonstrated that the ERC-3643-based security tokens and payment tokens can be exchanged across chains with real-time settlement.How Cross-Chain DvP WorksCreate DvP Agreement: The seller creates a DvP position specifying the tokens to lock, the tokens to receive, and the buyer’s address. Lock Assets: The seller locks their specified tokens in the escrow contract on the source chain. Cross-Chain Notification : LayerZero relays the DvP details to the destination chain, notifying the buyer
Enso has partnered with Stargate and LayerZero to create a one-click liquidity migration solution for Unichain, setting the stage for up to $3.5b liquidity inflow.
Ubisoft and LayerZero introduce Decentralized Verification Network for crypto assets.