LayerZero Launches “Zero” L1 as Citadel and Ark Buy ZRO 👀
@LayerZero_Core is launching its own Layer 1 blockchain called Zero, while securing strategic backing from Citadel Securities and Ark Invest through ZRO token purchases. Ark also took an equity stake in LayerZero Labs.
> Citadel says it will help with market structure expertise, focusing on trading, clearing, and settlement use cases.
> Direct token buys are not typical for Citadel, and the firm has previously pushed the SEC to regulate DeFi protocols.
> LayerZero announced partnerships with Google Cloud and DTCC, framing the pitch around reliable infra for on-chain activity and tokenized traditional assets.
> ICE, the NYSE parent, said it plans to explore how Zero could support 24/7 trading.
cc: @PrimordialAA , @Daryllautk , @LayerZeroSpace , @blue_clarity

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