TechFlow reports that cross-chain protocol LayerZero yesterday announced the launch of its lzCatalyst program, aimed at connecting top crypto project developers with leading venture capital firms.
As launch partners of lzCatalyst, prominent institutions including a16z Crypto, Animoca Brands, Atrum, Delphi Ventures, Faction, Franklin Templeton, King River, Lightspeed, PayPal Ventures, and Spartan collectively have access to up to $300 million in funding to support the development of innovative omnichain applications built on LayerZero.
Projects receiving a significant investment from one partner fund or securing participation from two or more partner funds in a single funding round will be eligible for additional strategic capital investments directly from the LayerZero Foundation.
