The assets of the interconnection protocol after the A16Z got the original assets of the project at a value of $ 55,000,000
Under the radar, Altcoin witnessed a moderate price on Thursday after the Andressen Horowitz (A16Z) announced that it invests $ 55 million in the distinctive symbol.
Ali Yahya, a general partner in A16z Crypto, Declare Investing in ZRO, the original symbol of the omnichain operating protocol.
Layerzero the goal To transmit data via Blockchains and support “anti -censorship and development messages without permission through unchangeable smart contracts.” Yahia notes the A16Z investment has three years insurance.
ZRO traded about $ 2.33 before the announcement and rose to a height of $ 2.54 after about 90 minutes. The encryption assets ranked 208 by CAP CAP since then to $ 2.46 at the time of writing this report, although this remains more than 2.5 % in the past 24 hours.
And
Earlier this week, a permanent exchange of the GMX series Declare Layerzero will serve as a “preferred infrastructure provider” to expand it multiple dozens. XDC, 1 Blockchain layer, also recently Declare The integration of the omnichain layer.
Explain xdc,
“This integration connects the XDC network with more than 125+ of Blockchain backed by a layer, and enabling developers and institutions to build multi -part applications that interact across networks with confidence, speed and improved efficiency.”
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