Hassan Maishera
On Thursday, the LayerZero team announced via X that LibreCapital has selected LayerZero to bring institutional tokenized funds to 125+ blockchains. Libre puts global private markets onchain by tokenizing funds from industry leaders such as BlackRock, Brevan Howard, and Hamilton Lane.
Thanks to this latest development, institutional funds issued through LibreCapital can tokenize on their choice of chains supported by LayerZero. The integration will enable funds to maintain a unified supply across their choice of chains, enjoy 1:1 asset transfers across chains with no slippage, and boast compliance and security configured by LibreCapital.
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 $3.002, up 10% in the last 24 hours.
