LayerZero

LayerZero

Verified

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-140 %
EBITDA00000000
Profit00000000
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EV / EBITDA00.0x00.0x
R&D budget00000000
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Secondary
Total Funding000k

Recent News about LayerZero

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More about LayerZeroinfo icon
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LayerZero is a tech startup that operates in the blockchain industry, specifically focusing on the development of an interoperability protocol. This protocol is designed to connect over 50 different blockchains, enabling developers to create omnichain applications, tokens, and experiences. The company's technology is built on immutable on-chain endpoints, a configurable Security Stack, and a permissionless set of Executors that allow for the transfer of censorship-resistant messages between chains.

LayerZero's primary clients are developers and organizations in the blockchain and cryptocurrency sectors. They provide a platform for these clients to define and control their own configurations for security and efficiency, thereby facilitating omnichain development.

The company's business model revolves around providing a platform for seamless blockchain interoperability. They generate revenue by offering their technology to developers and organizations that need to build applications, tokens, and experiences across multiple blockchains.

One of the key features of LayerZero's technology is its ability to facilitate the transfer of assets between different blockchains. For example, Curve Finance's Governance and Utility token and CDP-stablecoin can be transferred between Ethereum and Fantom through LayerZero. Similarly, Uniswap's deployment on Avalanche utilizes LayerZero's omnichain messaging solution for governance communication.

In conclusion, LayerZero is a promising startup in the blockchain industry, providing a much-needed solution for blockchain interoperability. Their technology has the potential to significantly enhance the development and functionality of omnichain applications, tokens, and experiences.

Keywords: Blockchain, Interoperability, Omnichain, LayerZero, Developers, Cryptocurrency, Ethereum, Fantom, Uniswap, Avalanche.

Tech stack

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Investments by LayerZero

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Core DAO
ACQUISITION by LayerZero Jan 2023