A16z purchases an additional $55 million in LayerZero token ZRO, with a lock up period of 3 years

According to Golden Finance, Ali Yahya, a general partner of a16z, stated that a16z has invested an additional $55 million in the LayerZero token ZRO, with a lock up period of 3 years. In April 2023, a16z led a $120 million financing round for LayerZero, with a valuation of $3 billion.