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news-imageSeptember 10, 2024

ZRO breaks out as BitGo picks LayerZero for WBTC interoperability

LayerZero has been selected as the interoperability provider for BitGo's Wrapped Bitcoin (WBTC) to enhance its cross-chain capabilities. LayerZero's choice highlights the chain's growing influence in the blockchain space and it has caused its native token, ZRO, to rebound from a crucial support level in its price chart.
Publisher: Invezz
Sentiment: Positive
WBTC
ZRO

More News Articles

Positive
cover-imageBlockworks
April 21, 2025

Inside a16z Crypto's $55M ZRO purchase

“I think the industry a year ago was messy, was very competitive,” LayerZero CEO Bryan Pellegrino told me. But it's been “cleared up” thanks to the friendlier environment and overall adoption.

Positive
cover-imageTokenpost
April 18, 2025

LayerZero's ZRO Token Jumps After a16z Boosts $55M Investment

LayerZeros native token, ZRO, rallied on Thursday after leading venture capital firm Andreessen Horowitz (a16z) expanded its investment in the blockchain interoperability protocol. The a16z crypto arm purchased an additional $55 million worth of ZRO tokens with a 3-year lock-up period, according to general partner Ali Yahya.

Positive
cover-imageCointelegraph
April 17, 2025

A16z doubles down on LayerZero with $55M investment

Venture capital firm Andreessen Horowitz, or a16z, announced a $55 million investment in LayerZero, a Web3 company that runs a crosschain messaging protocol. The investment was disclosed in an April 17 X post by Ali Yahya, a general partner in the firm.A16z has made previous investments in LayerZero, including an initial investment in March 2022 and a subsequent investment during LayerZero's Series B funding round in April 2023.

Positive
cover-imageCrypto Economy
March 6, 2025

World Liberty Financial Expands Crypto Portfolio With $21.5M Investment Including ETH, WBTC, and MOVE

TL;DR World Liberty Financial (WLFI), backed by Trump, has invested a total of $336 million in cryptocurrencies, with a recent $21.5 million purchase in ETH, WBTC, and MOVE. This move comes just ahead of the White House Crypto Summit, a key event that could shape the future regulatory framework for cryptocurrencies in the U.S.

Neutral
cover-imageThe Currency Analytics
February 5, 2025

WLFI Transfers $300M in ETH & WBTC to Coinbase

World Liberty Financial (WLFI), a family-run firm associated with Eric Trump, has recently made headlines by transferring significant amounts of digital assets, including Ethereum (ETH) and wrapped Bitcoin (WBTC), to Coinbase Prime. The transaction has raised eyebrows, as it involves over $300 million worth of cryptocurrencies.

Negative
cover-imageCoingape
February 4, 2025

World Liberty Financial Offloads ETH, WBTC To Coinbase, What's Happening?

World Liberty Financial, a decentralized finance (DeFi) project backed by U.S. President Donald Trump, has moved a substantial portion of its cryptocurrency holdings to Coinbase Prime. Blockchain data indicates the transfer involved more than 90% of its multi-asset treasury, including large amounts of Ethereum (ETH) and Wrapped Bitcoin (WBTC), as well as positions in AAVE,

Neutral
cover-imageTokenpost
February 1, 2025

LayerZero Settles Legal Dispute with FTX Bankruptcy Estate

LayerZero Labs has reached a settlement with the FTX bankruptcy estate, ending a two-year legal battle over transactions involving Alameda Research. The dispute stemmed from a deal where Alameda, under former CEO Caroline Ellison, agreed to sell a 5% equity stake in LayerZero back to the company.

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