FinTech news in series B category

LayerZero Labs, a web3 messaging protocol, has closed a $120 million Series B round, raising its valuation to $3 billion from $1 billion, the company said on Tuesday.

QuickNode, a blockchain deployment platform, has raised $60 million in a Series B round for an $800 million valuation, the company CEO and co-founder, Alex Nabutovsky, told journalist. While the capital will focus on expansion, the company also wants to use the funding for growing blockchain adoption, Nabutovsky said. QuickNode was founded in 2017 and aimed to bring Web 2.0 infrastructure to web3, but snowballed over time, Nabutovsky said. In total, the firm has raised more than $105 million, Nabutovsky said.

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