Deutsche Telekom MMS joins LayerZero 23 May 2025Canada Reporter: Jack McRae
Image: stock.adobe.com/bmf-foto.de
LayerZero Decentralised Verification Network (DVN) is being secured by Deutsche Telekom MMS to enhance cross-chain transaction security and efficiency for institutional clients.
Deutsche Telekom MMS operates the DVN to offer institutional clients a platform for cross-chain asset and message transfers.
LayerZero’s infrastructure offers the movement of assets and data across multiple blockchains.
Bryan Pellegrino, CEO and co-founder at LayerZero, says: “Deutsche Telekom MMS’s infrastructure and commitment to sustainability make them the ideal partner in advancing cross-chain transaction reliability, accelerating blockchain adoption, and supporting institutional clients in the evolving digital economy.”
Eugenio Carlon, portfolio and people cluster lead digital trust/cyber security at Deutsche Telekom MMS, comments: “Our collaboration with LayerZero enables institutional clients to benefit from smooth, inter-chain transactions supported by robust security and sustainable practices.
“This development represents a significant step in the institutional adoption of Web3, underscoring the critical importance of decentralised blockchains in providing reliability, especially in the financial sector.”
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