<p>According to Wu, a16z general partner Ali Yahya has announced an additional investment of 55 million USD in LayerZero (ZRO) tokens, with a lock-up period of 3 years. Previously, a16z led the financing rounds for LayerZero from the A1 round in 2022 to the B round in 2023.</p>

Wu learned that a16z general partner Ali Yahya stated that an additional $55 million has been invested in the LayerZero (ZRO) token, with a lock-up period of 3 years. Previously, a16z led two rounds of financing for LayerZero from the A1 round in 2022 to the B round in 2023.

a16z reinvests in LayerZero, purchasing $55 million worth of ZRO and locking it up for 3 years