ChainCatcher news, Ava Labs announced that the new cross-chain communication protocol Teleporter, built on Avalanche Warp Messaging, is now open for testing. Teleporter provides smart contract developers with a simple, native way to call contracts on other EVM-based chains within Avalanche.Avalanche stated that Teleporter is an important step forward for cross-subnet communication and custom blockchain interoperability.

ChainCatcher news, OKX Ventures announced a strategic investment in the cross-chain communication protocol LayerZero. LayerZero is a system that enables trustless direct transactions across all blockchains, integrating fragmented assets from different chains. OKX Ventures founder Dora stated that LayerZero is becoming a key infrastructure for cryptocurrency.Earlier, ChainCatcher reported that LayerZero completed a $120 million Series B funding round at a valuation of $3 billion, with participation from a16z, IOBC Capital, Sequoia Capital, Christie's, and Circle Ventures.