LayerZero integrates with TACEO for private cross-chain Merces transfers

TACEO: TACEO develops verifiable encrypted compute protocols, including the newly launched Merces privacy layer for onchain finance. Merces allows institutions to maintain private balances, accounts, and shared state such as eligibility rules on public chains, with LayerZero as one of the early integrators for cross-chain functionality. LayerZero: LayerZero is a cross-chain messaging protocol focused on enabling seamless interoperability and value transfer across blockchain networks. In this development, the company is building an integration with TACEO Merces to support private cross-chain transfers that shield participants and transfer sizes. Cameron Nili: Cameron Nili serves as Banking & Capital Markets Lead at LayerZero. He is quoted in the announcement describing how the integration enables confidential balances to travel between chains while protecting participants and transfer details. Jonathan Mayeur: Jonathan Mayeur is Head of Product at CatalyX and IntellectEU. He discusses the integration of Merces into CatalyX to keep payment orchestration confidential across multiple rails including Swift and public chains. Privacy Barriers: Institutions such as banks and asset managers encounter privacy constraints on public ledgers that expose balances, counterparties, and position sizes, limiting onchain adoption. Cross-Chain Privacy: Privacy solutions must support shared state and compliance features while allowing assets to move between networks without rebuilding existing infrastructure. Institutional Integration: Partners across orchestration platforms, cross-chain messaging, asset management, and tokenised treasuries are already building on the Merces privacy layer shortly after its mainnet launch.