About LayerZero Labs Canada Inc
LayerZero Labs Canada Inc is a company based in Vancouver (Canada) founded in 2021 by Ryan Zarick, Caleb Banister, and Bryan Pellegrino. LayerZero Labs Canada Inc has raised $318.3 million across 8 funding rounds from investors including Circle, Coinbase and Uniswap. LayerZero Labs Canada Inc has completed 1 acquisition, including Stargate Finance. LayerZero Labs Canada Inc offers products and services including OApp and OFT. LayerZero Labs Canada Inc operates in a competitive market with competitors including Axelar, Push, Multichain, Wormhole and Sending.Network, among others.
- Headquarter Vancouver, Canada
- Founders Ryan Zarick, Caleb Banister, Bryan Pellegrino
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Layerzero Labs Canada Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$318.3 M (USD)
in 8 rounds
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Latest Funding Round
Not available
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Investors
Circle
& 32 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of LayerZero Labs Canada Inc
LayerZero Labs Canada Inc offers a comprehensive portfolio of products and services, including OApp and OFT.
Enables sending and receiving data across blockchains securely.
Facilitates fungible token transfers between blockchains without wrapping.
People of LayerZero Labs Canada Inc
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Funding Insights of LayerZero Labs Canada Inc
LayerZero Labs Canada Inc has successfully raised a total of $318.3M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in LayerZero Labs Canada Inc
LayerZero Labs Canada Inc has secured backing from 33 investors, including venture fund and institutional investors. Prominent investors backing the company include Circle, Coinbase and Uniswap.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Sequoia Capital is engaged in venture capital investments.
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Venture capital fund investing in early-stage tech startups
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Investor details for LayerZero Labs Canada Inc
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Investments & Acquisitions by LayerZero Labs Canada Inc
LayerZero Labs Canada Inc has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stargate Finance.
Investment portfolio details for LayerZero Labs Canada Inc
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Cross-chain asset transfers and unified liquidity pools are enabled.
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Complete acquisition details for LayerZero Labs Canada Inc
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Financial Statements - LayerZero Labs Canada Inc
Detailed financials for LayerZero Labs Canada Inc
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Layerzero Labs Canada Inc Comparisons
Peer comparison for LayerZero Labs Canada Inc
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Competitors of LayerZero Labs Canada Inc
LayerZero Labs Canada Inc operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axelar, Push, Multichain, Wormhole and Sending.Network, among others.
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Online platform for cross-chain communication for web3
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Web3 communication network, enabling cross-chain notifications & messaging for dApps, wallets & services
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Multi-chain ecosystem protocols are developed and integrated across blockchain networks.
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Blockchain interoperability is facilitated through a generic message-passing protocol.
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Online platform offering messaging protocol solutions
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Detailed competitors of LayerZero Labs Canada Inc
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Latest news on Layerzero Labs Canada Inc
Complete news archive for LayerZero Labs Canada Inc
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Frequently Asked Questions about LayerZero Labs Canada Inc
LayerZero Labs Canada Inc was founded in 2021.
LayerZero Labs Canada Inc is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Bryan Pellegrino is the current CEO of LayerZero Labs Canada Inc. They have also founded this company.
LayerZero Labs Canada Inc is a funded company, having raised a total of $318.3M across 8 funding rounds to date.
LayerZero Labs Canada Inc. was founded in 2021 and is based in Vancouver, Canada. Operations focus on the blockchain sector, where an omnichain protocol is developed to connect decentralized applications. Secure transfer of messages and fungible tokens between multiple blockchains is facilitated without asset wrapping, middle chains, or liquidity pools. The domain layerzero.network is utilized for related activities.
LayerZero Labs Canada Inc offers OApp and OFT.
LayerZero Labs Canada Inc has made 1 acquisition, including Stargate Finance.
The valuation of LayerZero Labs Canada Inc is $1B as of Mar 2022.