Citadel Securities Teams Up With LayerZero on New Blockchain Push

Citadel Securities is backing LayerZero’s Zero blockchain alongside DTCC, Intercontinental Exchange, and other institutions.
Zero is designed to share work instead of having every participant handle every transaction, making it more efficient.
LayerZero claims Zero could reach up to 2 million transactions per second across multiple environments.

Financial institutions may be warming to tokenization and on-chain settlement, but limits around scale, speed, and coordination have kept most of…

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