LayerZero (PRIVATE.LAYERZERO)

Overall impact
F (17)

Commentary

LayerZero is a poor overall performer. With an 'F' rating of 16.6 for overall impact (bottom 10% of all companies), LayerZero ranks 132nd out of 132 industry peers, behind Canva, N-able, CXAPP INC and 128 others, and ahead of and -3 others. On top material causes for LayerZero's industry (Software), LayerZero performs well in Technology Innovation (94.7 score), Technology Innovation (94.7) and Technology Innovation (94.7) and performs poorly in Free, Secure Flow of Information (31.7 score), Racial Justice and Civil Rights (2.1), Quality Primary Education (9.0) and 51 other causes where it received a 'D' or 'F' score.
Impact
Cause PRIVATE.LAYERZERO
Peer rank
Overall impact

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Company
Employees
171
Sector
Industrials
Industry
Electrical Equipment
Sub-industry
Electrical Components & Equipment
SASB industry
Software & IT Services
Headquarters
Canada
Share classes
PRIVATE.LAYERZERO
Description
LayerZero Labs Ltd. develops blockchain infrastructure that enables assets, applications and data to operate across multiple blockchain networks. Its LayerZero interoperability technology allows users and applications to issue, move and scale assets across different blockchain ecosystems without relying on a centralized intermediary. The company's infrastructure includes on-chain Endpoints, Executors and Decentralized Verifier Networks (DVNs) used to verify and deliver cross-chain messages. It offers Value Transfer APIs, cross-chain swaps and token-transfer infrastructure for wallets, exchanges, fintech companies and other applications. LayerZero also provides the Omnichain Fungible Token (OFT) standard, allowing issuers to deploy and manage tokens across many blockchain networks while maintaining a unified supply. Its Stargate product provides cross-chain liquidity and value transfer, while zero is its blockchain infrastructure initiative. LayerZero's interoperability infrastructure currently connects 160+ supported blockchains and is used by companies and projects across fintech, banking, DeFi and digital assets.
Material causes
Ethos considers the following causes material for LayerZero, based on its industry sub-industry Electrical Components & Equipment. Learn more about material causes in our methodology overview.
Not available

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