LayerZero has launched a new blockchain, Zero, with financial backing from Citadel Securities and Ark Invest, marking an ambitious step towards bringing the entire global economy onchain. This launch includes strategic partnerships with Google Cloud and the Depository Trust & Clearing Corporation (DTCC) to enhance infrastructure reliability and expand blockchain uses in finance. The Zero blockchain boasts a cutting-edge architecture capable of processing 2 million transactions per second, signaling its potential to transform digital asset management, trading, and settlement workflows. These developments highlight the growing trend of collaborations between traditional finance firms and blockchain innovators, as seen in Citadel’s involvement, which aligns with its interest in integrating blockchain technology into existing market structures.
LayerZero launches ‘Zero’ blockchain with Citadel’s backing and Google Cloud partnership
