Coinbase, Binance and a host of other top crypto exchanges around the world rolled out immediate trading support for a brand new altcoin native to an “omnichain” project.
LayerZero bills itself as an omnichain interoperability protocol. The project aims to move data across blockchains and support “censorship-resistant messages and permissionless development through immutable smart contracts.”
On Thursday, the project launched its new native token, ZRO. Binance added support for the asset with a seed tag, and Coinbase assigned the token an experimental label. Both designations alert users to lower liquidity and newer tokens that could be particularly volatile.
They weren’t the only exchange giants to immediately roll out trading services for the asset: OKX, Bybit, Crypto.com and Bitfinex also listed ZRO on Thursday.
On Thursday, the LayerZero Foundation also introduced a new claiming mechanism for ZRO called…
