On Thursday, the LayerZero team announced via X that BounceBit, an RWA platform, is going omnichain with LayerZero. BounceBit has integrated the OFT Standard to bring $BB, its $180M staking token, to Ethereum. Bridging $BB is available at their portal, built to take institutional capital across chains.
LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $4.718, down 2.5% in the last 24 hours.