a16z announced another $55 million investment in LayerZero

PANews reported on April 18 that a16z general partner Ali Yahya announced on the X platform: "The company has invested an additional $55 million to purchase the cross-chain messaging protocol LayerZero's ZRO token, and has a three-year lock-up period." a16z has previously invested in LayerZero, including its first investment in March 2022 and subsequent investments during the LayerZero Series B financing period in April 2023. The two companies did not disclose the valuation of the round of financing.