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BTCC / BTCC Square / Global Cryptocurrency /
Wormhole Foundation Challenges LayerZero’s $110 Million Stargate Bid

Wormhole Foundation Challenges LayerZero’s $110 Million Stargate Bid

Author:
Global Cryptocurrency
Published:
2025-08-21 07:59:01
13
1
BTCCSquare news:

The Wormhole Foundation has entered a bidding war for cross-chain messaging protocol Stargate, countering LayerZero's $110 million acquisition offer. This MOVE signals intensifying competition in the blockchain interoperability sector as major players vie for strategic assets.

Neither proposal has been accepted by Stargate's governance yet, setting the stage for a potential governance token vote. The outcome could reshape the competitive landscape for cross-chain communication protocols.

|Square

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