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Andreessen Horowitz (a16z) has invested $55 million in ZRO, the native token of LayerZero, an omnichain interoperability protocol. The announcement triggered a price surge for the under-the-radar altcoin, highlighting growing interest in cross-chain solutions.
- a16z's $55M investment in ZRO has a three-year lockup, signaling long-term commitment.
- LayerZero's tech supports censorship-resistant messaging and permissionless development across blockchains.
- XDC Network integration expands LayerZero's reach to 125+ supported chains for omnichain apps.
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