LayerZero, a blockchain network valued at $3 billion, has officially launched on the BOB Mainnet as a hybrid L2. This launch is supported by Conduit, which highlights the mainnet's integration of Bitcoin security with Ethereum Virtual Machine (EVM) liquidity and tooling. LayerZero Labs completed its first phase snapshot on May 1, 2024, at 11:59:59 PM UTC. The network, which had previously raised over $263 million, is anticipated to soon announce airdrops and token issuance. Additionally, speculation about LayerZero's token, $ZRO, potentially being listed on Binance has emerged. $ZRO is currently trading at approximately $8.60, implying a fully diluted valuation (FDV) of about $17 billion.