Stargate DAO Approves $110M LayerZero Acquisition in Major Interoperability Move

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-08-25 04:31:02

BTCCSquare news:

The decentralized autonomous organization behind cross-chain bridge Stargate has greenlit a landmark $110 million acquisition by LayerZero, marking one of the most significant consolidations in blockchain interoperability. The deal, approved after a contentious DAO vote on August 24, 2025, will see Stargate's liquidity infrastructure fully integrated into LayerZero's ecosystem.

LayerZero's proposal prevailed over competing bids including a $120 million USDC cash offer from Wormhole, with Stargate holders ultimately favoring the strategic alignment with LayerZero's protocol. The acquisition accelerates LayerZero's vision for seamless cross-chain value transfer, with Stargate's interface remaining operational through Q4 2025 during integration.

By:

Log in to Reply

Japan’s SBI Group Partners with Chainlink to Drive Tokenization and Stablecoin Growth

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.