Venture capital firm a16z Crypto has invested an additional $55 million into LayerZero’s native token, ZRO, according to an announcement on X. This significant investment comes with a three-year lockup period, demonstrating a long-term commitment from the firm to the project’s success. This aligns with a16z’s prior involvement in LayerZero’s funding rounds: they led both the Series A+ and Series B rounds. General Partner Ali Yahya highlights that LayerZero (ZRO) is crucial infrastructure for a new on-chain financial system, enabling new business models and complex workflows to function seamlessly across blockchain networks. This commitment to LayerZero aligns with the broader trend of investor confidence in cross-chain functionality as the industry evolves. The protocol’s ability to enable seamless communication between diverse blockchains has been instrumental in facilitating a wide range of applications.