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LayerZero Labs raised USD 120 million in a Series B funding round, according to media reports. With this latest fundraise, the company has attained a valuation of USD 3 billion.
As per media reports, this round saw participation from 33 investors, including a16z crypto, Christie's, Circle Ventures, OpenSea Ventures, Samsung Next, and Sequoia Capital, amongst others.
In February, Via said it bagged a valuation of USD 3.5 billion after a funding round led by 83North.
LayerZero plans to use the funds to increase headcount as well as deepen its presence in the APAC region, according to media reports.
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