According to CoinDesk, LayerZero, a cross-chain interoperability protocol, completed a $120 million Series B round of financing at a valuation of $3 billion. Investors include a16z Crypto, Christie’s Auction House, Sequoia Capital and Samsung Next, BOND, Circle Ventures and Open Sea Ventures Waiting for 33 companies. LayerZero will use the funds to expand its growth plans, including hiring and expanding the company's presence in the Asia-Pacific region. Foresight News previously reported that in March 2022, LayerZero completed a $135 million A+ round of financing. This round of financing was co-led by FTX Ventures, Sequoia Capital, and a16z, with participation from Coinbase Ventures, PayPal Ventures, Tiger Global, and Uniswap Labs. The post-money valuation is $1 billion.