LayerZero Partners with a16z and Others to Launch lzCatalyst Program, Participating Funds Incentivized to Invest $300 Million in LayerZero Integrated Projects
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September 18, 2024
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Foresight News reports that the LayerZero Foundation has announced a new program called lzCatalyst, partnering with a16z Crypto, Animoca Brands, Atrum, Delphi Ventures, Faction, Franklin Templeton, King River, Lightspeed, PayPal Ventures, and Spartan.
The lzCatalyst program aims to provide developers with significant capital and resources. Participating funds are committed to investing $300 million directly in projects integrating with LayerZero. However, they will maintain their own independent due diligence and investment processes.
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