Venture capital powerhouse Andreessen Horowitz (a16z) has made a significant investment of $55 million into LayerZero (ZRO) tokens. Ali Yahya, a general partner at a16z, announced this news on social media, stating: ‘I am excited to announce that we have invested another $55 million in LayerZero (ZRO) tokens with a 3-year lock-up. Our global financial system is evolving and it is great to see the protocol enable so many new businesses and complex workflows to move on-chain.’ LayerZero is known for its protocol designed to facilitate secure and efficient cross-chain messaging, enabling decentralized applications (dApps) to seamlessly communicate across various blockchain networks. 120 million of the total token supply of 1 billion ZRO are currently in circulation, a fact that may be driving investor interest. The price movement following the news has been modest, with ZRO trading 1.2% higher on the day at time of writing, although it holds a market capitalization of $260 million and is listed on major exchanges like Binance, Coinbase, and Bybit.