A16Z has invested an additional $55M in LayerZero $ZRO with a lock period of 3 years
*In the past, a16z has invested in LayerZero multiple times:
- Series A+ Round (March 2022): a16z led a Series A+ fundraising round worth $135 million for LayerZero Labs, with a company valuation of $1 billion
- Series B Round (April 2023): a16z continued to lead a Series B round worth $120 million, raising LayerZero Labs' valuation to $3 billion
- Token investment #ZRO (April 2025): This is the latest investment announced in a post on X on April 17, 2025, with $55 million into LayerZero's ZRO token, along with a 3-year lock commitment. It is unclear whether this is part of a new fundraising round or a direct token purchase (OTC).
*In my personal opinion, this latest round may be an OTC token purchase, and the purchase price could be much lower than the market price
- With the current market capitalization, LayerZero is currently valued lower than the Series B fundraising valuation (April 2023)
