On Wednesday, the Wormhole Foundation announced its intent to submit a competing bid to acquire Stargate, directly challenging a proposal from cross-chain messaging rival Layerzero. This move potentially disrupts a pending acquisition and could lead to a bidding war for the prominent bridge protocol. Rival Bid Emerges for Cross-Chain Protocol Stargate Wormhole stated that Stargate’s […]
Source link
Bitcoin
Wormhole Foundation Counters Layerzero’s Stargate Acquisition Bid
- by Jason Scott
- August 20, 2025
- 0 Comments
- Less than a minute
- 2 Views
- 7 hours ago