[Lorenzo Valente: LayerZero Interoperability Business ARR Expected to Grow to Nine Figures]
ARK Invest's Director of Digital Assets Research, Lorenzo Valente, stated that with the rise of L1s, application chains, and Rollup technology, messaging and interoperability protocols have become a critical part of blockchain infrastructure. Lorenzo Valente pointed out that the increase in on-chain asset deployment is driving the demand for general interoperability, and LayerZero's interoperability business is expected to grow to a nine-figure ARR, with more developments from the team to follow.
