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Blockchain company LayerZero Labs is planning to launch its own layer-1 blockchain named “Zero” with backing from ARK Invest and Citadel Securities, and targeting institutional financial markets.
Zero will launch in the fall of 2026, according to an announcement on Tuesday from LayerZero Labs, which also created and maintains the cross-chain messaging protocol LayerZero.
The firm said it will be scalable to two million transactions per second by leveraging zero-knowledge proofs and zero‑knowledge…