LayerZero Clinches $110M Stargate Acquisition After Fierce Bidding War
Blockchain interoperability protocol LayerZero has finalized a $110 million acquisition of cross-chain platform Stargate, following an intense, last-minute bidding battle that drew rare multi-protocol competition in the DeFi space. Stargate’s community voted on August 24 with a 95% majority to greenlight the LayerZero Foundation’s $110 million acquisition proposal. The proposal, ...
