Cryptos-exchange has integrated with the layerzero crosschain protocol

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Crypto Regulation
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The LayerZero team announced the integration of the crosschain protocol with the Cryptos-Exchange platform, which is expected to launch later this year.

According to the developers, the move will increase security, improve the user experience and make next-generation applications available.

"Cryptos-Exchange will leverage LayerZero to unlock crosschain capabilities that benefit all existing Web3 communities," the statement said.

As a reminder, in March, Cryptos-Exchange, created by former employees, raised $2 million in an investment round led by Andreessen Horowitz. Multicoin Capital, Coinbase Ventures, Katie Haun, Three Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower and Paxos also provided funding.

 

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Jon Kelvey

Jon is a blockchain reporter skilled at synthesizing all crypto-related information to make articulate texts easy for anyone to grasp. With a beginners level certificate in Financial Analysis, Julius can read, interpret and report crypto findings to help investors exercise the best judgment in their decision-making process. When he is not caught up in the crypto frenzy, Jon likes playing a game of FIFA with his online buddies.