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

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

Published:
2025-08-25 04:31:02
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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.

|Square

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