Tether, issuer of the world’s largest stablecoin, is on the warpath when it comes to diversification. The company has announced multiple new investments in other firms. Tether Investments is an independent investment arm of Tether. Based in El Salvador, the firm deploys Tether’s profits and… Read More
Read more in: Artificial Intelligence, Blockchain & Digital Assets | Tagged layerzero labs, stablecoins, tether, tokenization
Blockdaemon is announcing a partnership with LayerZero Labs. This collaboration unites LayerZero Labs’ expertise “in omnichain interoperability with Blockdaemon’s strength in blockchain infrastructure, self-custody wallets, and node management.” This joint effort aims to “enhance institutional access to decentralized finance (DeFi).” This partnership brings together two… Read More
Read more in: Blockchain & Digital Assets | Tagged blockdaemon, digital wallets, distributed ledger technology, dlt, infrastructure, LayerZero, layerzero labs, node management, omnichain interoperability, self-custody
Binance Labs, the venture capital and incubation arm of Binance, has invested in Radiant Capital, a lending and borrowing protocol built atop Binance Labs portfolio company, LayerZero Labs, and focused on “bridging fragmented liquidity across decentralized finance ecosystems.” This strategic funding round “emphasizes Binance Labs’… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged binance, binance labs, decentralization, decentralized finance, defi, defi lending, incubation arm, incubator, investments, LayerZero, layerzero labs, lending, liquidity, radiant capital, vc, venture capital, yi he
LayerZero Labs, the team behind the messaging protocol LayerZero, announced the closing of a $120 million Series B funding round, valuing the company at $3 billion. The investment round “saw participation from 33 investors, including a16z crypto, BOND, Christie’s, Circle Ventures, OpenSea Ventures, Samsung Next,… Read More
Read more in: Blockchain & Digital Assets | Tagged blockchain interoperability, dapps, Decentralized Applications, infrastructure, investment round, LayerZero, layerzero labs, Ryan Zarick
Avalanche is closing out the year with the final AvalancheGo release of 2022. Avalanche Warp Messaging (AWM) is “rolling out in AvalancheGo Banff 5, bringing fast, reliable native communications to all Avalanche Subnets.” AWM Is available today “in both the Golang and Rust VM SDKs… Read More
Read more in: Blockchain & Digital Assets | Tagged avalanche, Bryan Pellegrino, layerzero labs
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