LayerZero Labs’ cover photo
LayerZero Labs

LayerZero Labs

Computer Networking Products

We're building LayerZero, an omnichain interoperability protocol.

About us

We're building LayerZero, an omnichain interoperability protocol.

Industry
Computer Networking Products
Company size
51-200 employees
Headquarters
Vancouver
Type
Privately Held
Founded
2021

Locations

Employees at LayerZero Labs

Updates

  • LayerZero Labs reposted this

    View profile for Cameron Nili

    Financial Services Lead at LayerZero

    The Cold Start Problem in Digital Assets & Crypto When I was younger my dad would joke about "cranking the engine" on cold days before we left the house to go to school. That's because back the day cars would have a literal crank to warm up the engine (see pic). This same challenge rings true today with new chains being launched and, rather than it being an issue of triggering internal combustion, it is an issue of injecting liquidity. Blockchains need liquidity secured before, during, and after go-live to ensure capital and trading activity are catalyzed immediately. A few weeks ago, Plasma (the Tether backed chain) launched and attracted $10B in 24 Hours to become a top 5 chain by TVL. How? Through LayerZero Labs rails. Deposits were secured on other chains ahead of launch (USDT0, USDe, weETH, and plus others that run on LZ), allowing for instant cross-chain transfers. Through a discrete ecosystem strategy, assets were immediately placed into protocols on Plasma to facilitate stickiness and drive utility from day 1. With new chains spinning up weekly, it's clear that LayerZero is again setting the standard for onchain liquidity and utility. That's the LayerZero effect.

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  • XAUt0, by USDT0, Brings Gold to Every Blockchain with LayerZero. The premier gold-backed token, XAUt, has long given users exposure to physical gold through the blockchain, but it was limited to the Ethereum network. XAUt0 changes this. Built on LayerZero’s Omnichain Fungible Token (OFT) Standard, XAUt0 brings tokenized gold across eight major blockchains including Arbitrum, Plasma, HyperEVM, Polygon Labs, Celo, Avalanche, TON, and Ink. Each token remains backed 1:1 by physical gold stored in Swiss vaults, maintaining the same foundation of trust as XAUt while gaining full cross-chain mobility. Because XAUt0 is an OFT, it can instantly deploy to any of the 150+ LayerZero-connected chains, extending gold’s reach wherever users, liquidity, or demand exist. Anyone can hold and transfer tokenized gold as easily as sending a message, setting a new standard for accessibility and real-world asset adoption. This is a powerful example of how LayerZero’s interoperability rails enable real-world assets to move freely between blockchain networks. XAUt0 transforms gold from a static store of value into a borderless, composable, and programmable asset — usable across DeFi protocols and applications anywhere. The OFT Standard continues to power the next generation of tokenized assets, making gold, treasuries, and other real-world value fully portable across blockchains. Learn more about the OFT Standard: https://lnkd.in/eYjaYYNi

  • In traditional finance, access to yield depends on who you are and where you live — if you’re outside the U.S, earning yield on Treasury bonds is nearly impossible. In crypto, the same limitation exists in a different form. Yield-bearing tokens made yield tradeable as tokens, but most remain trapped within blockchains. LayerZero’s Omnichain Fungible Token (OFT) standard changes that, making yield-bearing assets borderless — accessible and transferable across any blockchain. The result? Over $30 billion in yield-bearing assets now move seamlessly across chains. No matter the blockchain or the yield source, it can integrate with the OFT Standard. Take a few examples 👇 ether.fi boosts Ethereum’s native staking rewards through weETH, a token that gives leveraged exposure to ETH yield. As an OFT, weETH has expanded to 17 chains, enabling 1:1 transfers and native restaking (redeploying staked ETH to earn additional yield) across major Ethereum Layer-2 networks. Ondo Finance’s USDY, a token backed by U.S. Treasuries, was initially available only on Ethereum. After integrating LayerZero OFT, USDY now moves seamlessly to Arbitrum, Mantle, and Solana Foundation, and its circulating supply has grown beyond $690M. Ethena Labs introduces yield-bearing synthetic dollars with sUSDe — a token designed to maintain dollar value while earning yield. After integrating with LayerZero, sUSDe expanded to 23 chains and reached $5B+ total value locked (TVL), delivering dollar-denominated yield wherever users are. No matter where your yield originates — staking, Treasuries, or synthetic dollars — LayerZero makes it universal. The OFT Standard powers yield portability across all major blockchains, bringing yield to wherever demand exists. Learn more: https://lnkd.in/eYjaYYNi

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Funding

LayerZero Labs 8 total rounds

Last Round

Undisclosed

US$ 55.0M

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