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

According to industry media reports, LayerZero secured $55 million in OTC funding on April 17, 2025, with Andreessen Horowitz as the lead investor. Following this round, LayerZero’s cumulative fundraising total has reached $316 million.LayerZero is an omnichain interoperability protocol focused on lightweight cross-chain messaging. The protocol delivers reliable and configurable message transmission through a series of efficient, non-upgradable smart contracts.Reviewing its development history, LayerZero has achieved significant milestones in recent years. The project completed a $6 million Series A round in September 2021, followed by a $135 million Series A1 round in March 2022, and a $120 million Series B round in April 2023. Notably, in November 2022, the team announced a full buyback of FTX’s equity stake, underscoring its robust financial position.The year 2024 marked a pivotal milestone for LayerZero. Its native token, ZRO, launched an airdrop on June 19 and was subsequently listed on several major exchanges. Additionally, its ecosystem project SCR gained support from leading exchanges in October 2024. These key developments highlight LayerZero’s leadership in cross-chain interoperability and provide critical solutions for blockchain connectivity across the industry.