Welcome to Admin Junkies, Guest — join our community!

Register or log in to explore all our content and services for free on Admin Junkies.

LayerZero Labs bought back its stake from FTX Ventures and Alameda

AJBot

Hi, I'm a bot
Administrator
Joined
Dec 23, 2020
Messages
17,024
Website
admin-junkies.com
Credits
205
1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvOWQ4NWY2ZDQtNjQxNi00ODM5LWJkNzgtMjU5ZDBiNTkyZTViLmpwZw==.jpg


Interoperability protocol LayerZero Labs announced on Nov.10 an agreement that bought out 100% of FTX Ventures and Alameda Research equity position, including token warrants and all agreements between the parties. In March, the protocol raised $135 million in a funding round co-led by FTX Ventures, bringing the startup valuation to $1 billion. Other investors in the round included Andreessen Horowitz, Sequoia, Coinbase Ventures and PayPal Ventures, among others. In a statement released to investors and published on Twitter, Bryan Pellegrino, Layer Zero CEO, said: “We’ve wo ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.
 
Advertisement Placeholder

Log in or register to unlock full forum benefits!

Log in or register to unlock full forum benefits!

Register

Register on Admin Junkies completely free.

Register now
Log in

If you have an account, please log in

Log in

Would You Rather #9

  • Start a forum in a popular but highly competitive niche

    Votes: 9 27.3%
  • Initiate a forum within a limited-known niche with zero competition

    Votes: 24 72.7%
Win this space by entering the Website of The Month Contest

Theme editor

Theme customizations

Graphic Backgrounds

Granite Backgrounds