# crypto news

By [Suresh Devi](https://paragraph.com/@suresh-devi) · 2023-04-06

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Cross-chain messaging protocol developer LayerZero Labs has raised another $120 million, according to an Apr. 4 announcement. The company plans to use the capital to increase its headcount and expand its reach into the Asia-Pacific region. The company had previously raised $135 million in March 2022.

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*Originally published on [Suresh Devi](https://paragraph.com/@suresh-devi/crypto-news)*