LayerZero has been at the centre of several critical partnerships, collaborations, acquisitions, and expansions recently. Its primary alliance with
Google Cloud has helped it become a default oracle operator. In addition to this,
Advent International and Ownera have signed partnerships with monetary plans to scale its mission-critical power infrastructure, primarily for data centres. LayerZero has taken a giant leap towards expansion, aiming at adding
535 jobs, facilitated by state
tax credit from Ohio. Beldex has enabled
cross-chain interoperability with LayerZero and Stargate while it also pursues a
$110 million buyout of Stargate despite contested claims. PayPal's PYUSD stablecoin has broadened its approach to Tron, Avalanche, Sei, and other blockchains through LayerZero technology.
Hex Trust and LayerZero have introduced
wXRP, a Bridged Solana Token, while it also unveiled USDG0 with Paxos to extend the global dollar's reach. Amidst an aggressive strategy for acquisitions and buybacks, LayerZero is being credited for delivering unparalleled security and connectivity for
stablecoins. This has led to a visible surge in ZRO price post confirming a
$10 million buyback.
LayerZero Foundation seeks to acquire Stargate cross-bridge for $110 million, despite stiff competition from the Wormhole Foundation. As a layer-zero protocol, LayerZero oversees asset transfers across chains, displaying an extraordinary level of efficiency and interoperability.
LayerZero News Analytics from Fri, 31 Jan 2025 08:00:00 GMT to Fri, 09 Jan 2026 13:55:05 GMT -
Rating 7
- Innovation 9
- Information 8
- Rumor 8
