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The A16Z Crypto risk capital company has purchased an additional $ 55 million in Wleerzero’s native token, Zro, according to the announcement of X.
Newly purchased tokens there will be an object to a three -year lock period, showing a long -term dedication to the project.
The move is based on A16Z’s previous support from Slooyerzero, after led by a round of financing of the A+ and series B.
General partner Ali yahya described Slowerzero (Zro) as a critical infrastructure for the new financial system onchain, noting that the protocol provides new business models and complex work flows that work in blockchain networks.
Slowerzero positions itself as a fundamental layer of interoperability, comparing its role to TCP/IP for the Internet. It allows developers to build applications that function smoothly in multiple chains.
The protocol currently supports over 125 blockchain, facilitating 70% of stabibeloin interoperability and has processed more than 140 million messages and volume $ 75 billion.
The announcement emphasizes the increasing confidence of investors in infrastructure projects that allow the functionality of cross chains. As the accepting of blockchain is expanding, Slooszero wants to become a default protocol for the exchange of messages to connect fragmented ecosystems in Kripto.
On the news, Zro jumped over 10%, according to Coinmarketcap data.
