PANews reported on April 18 that a16z general partner Ali Yahya announced on X platform: "The company has additionally invested $55 million to purchase ZRO tokens of the cross-chain messaging protocol LayerZero, with a 3-year lock-up period." a16z had previously invested in LayerZero, including its initial investment in March 2022 and a subsequent investment during LayerZero's Series B funding round in April 2023. Neither company disclosed the valuation of this funding round.
