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LayerZero, a blockchain-based messaging platform, has raised $120 million at a $3 billion value

On Tuesday, LayerZero Labs announced the completion of a $120 million Series B financing, increasing the company’s valuation from $1 billion to $3 billion. LayerZero Laboratories is a web3 communications protocol. This messaging protocol eliminates the need for third-party middlemen for sending messages between blockchains, unlike Web 2.0 messaging applications …

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