Vancouver-based Blockchain Unicorn LayerZero Labs Announces Integration With AptosLabsTuesday, October 18, 2022
Vancouver, BC, October 18, 2022--(T-Net)--LayerZero Labs announced today their complete integration with AptosLabs.
LayerZero Labs is a blockchain company building LayerZero, an omnichain interoperability protocol.
The Vancouver-based company raised $135 million in a massive financing round earier this year (March 2022) round co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz and with participation from Coinbase Ventures, PayPal Ventures, Tiger Global, Uniswap Labs, and more.
This funding round valued LayerZero Labs at $1 billion and was intended to accelerate the development of cross-chain decentralized applications (dApps) powered by LayerZero, a decentralized omnichain interoperability protocol.
The company has now announced its integration with AptosLabs, who are building "the safest and most scalable Layer 1 blockchain".
"Our technology will bring interoperability, security, and seamless omnichain transactions to Aptos Mainnet on Day 1 We can't wait to support the teams building in the Aptos ecosystem", said the LayerZero Labs in a tweet. "We're incredibly excited to help shape the future of the Move ecosystem and connect it to the world!"
LayerZero says it has completed audits and is now ready to launch Day 1 alongside the upcoming Aptos Mainnet.
Built with scalability, safety, and UX in mind, Aptos delivers on innovative features including:
LayerZero satys it will enable easy access and seamless composability to all of Aptos' supported chains.
With over 20 of the largest early Aptos applications building on their Aptos Devnet, LayerZero technology enables teams to ship crucial infrastructure, cutting-edge applications, and advanced tooling for the entire Move ecosystem and beyond.
Aptos and LayerZero say they share a core focus of creating a better developer experience through industry-leading safeguards and an emphasis on UX. This integration enables an even smoother and more secure experience for developers building next-gen applications on Aptos.
The Aptos ecosystem will use LayerZero for unlocking cross-chain opportunities that share value across all existing web3 communities
With so many exciting projects utilizing the innovations of the Aptos blockchain, the company says the possibilities for cross-chain activities are endless.
"As web3 continues to evolve, it's important to have an effortless process for the transition of digital applications - another way we're creating the home for developers to build future-proof applications. We're excited to welcome LayerZero to the Aptos community!" said Aptos in a tweet.
Learn more about AptosLabs here:
LayerZero is an omnichain interoperability protocol that allows dApps to build across multiple blockchains in a trustless, efficient manner. LayerZero connects dApps across chains using on-chain Ultra Light Nodes, which achieve the security of a light node with the cost-effectiveness of a middle-chain. Using the protocol, developers can turn their dapps into omnichain-applications using a single, simple interface.
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