LayerZero Labs plans to launch its layer-1 blockchain “Zero” in fall 2026, targeting institutional financial markets. Zero aims to process two million transactions per second using zero-knowledge proofs and a zero-knowledge virtual machine. Backed by ARK Invest and Citadel Securities, it will feature permissionless environments and interoperability with 165+ blockchains.

A wave of adoption in the crypto space is expected as more financial institutions move into the sector. ARK Invest and Citadel Securities have invested in LayerZero Labs, with ARK Invest CEO Cathie Wood joining Zero’s advisory board. Tether’s investment arm has also made a strategic investment in the company as institutions consider adopting Zero.

Google Cloud, Intercontinental Exchange, and the Depository Trust & Clearing Corporation are exploring partnerships with LayerZero Labs. Zero could enable AI-driven micropayments, 24/7 trading infrastructure, and enhanced collateral services. The Global Token Exchange plans to use Zero to build the treasury layer of its decentralized system, Turbo.

Read more at Cointelegraph: LayerZero Labs Launching Blockchain Aimed at Institutions