The community for the cross-blockchain platform Stargate has greenlit LayerZero’s $110 million acquisition, despite interest from three other rivals. Blockchain messaging protocol LayerZero has won the bid to acquire crypto protocol Stargate after a shaky first offer and a late four-way bidding war.Stargate’s community voted on Sunday with a 95% majority to greenlight the LayerZero Foundation’s $110 million acquisition proposal, which it amended after holders of the Stargate (STG) token said the original deal was unfair.Three of LayerZero’s rivals also put in last-minute bids or intent-to-bids to acquire Stargate, with one bidder, Wormhole, unsuccessfully asking for the vote on LayerZero’s acquisition to be paused.Read more The community for the cross-blockchain platform Stargate has greenlit LayerZero’s $110 million acquisition, despite interest from three other rivals. Blockchain messaging protocol LayerZero has won the bid to acquire crypto protocol Stargate after a shaky first offer and a late four-way bidding war.Stargate’s community voted on Sunday with a 95% majority to greenlight the LayerZero Foundation’s $110 million acquisition proposal, which it amended after holders of the Stargate (STG) token said the original deal was unfair.Three of LayerZero’s rivals also put in last-minute bids or intent-to-bids to acquire Stargate, with one bidder, Wormhole, unsuccessfully asking for the vote on LayerZero’s acquisition to be paused.Read more
LayerZero wins Stargate acquisition in 4-way bidding war
The community for the cross-blockchain platform Stargate has greenlit LayerZero’s $110 million acquisition, despite interest from three other rivals.
Blockchain messaging protocol LayerZero has won the bid to acquire crypto protocol Stargate after a shaky first offer and a late four-way bidding war.
Stargate’s community voted on Sunday with a 95% majority to greenlight the LayerZero Foundation’s $110 million acquisition proposal, which it amended after holders of the Stargate (STG) token said the original deal was unfair.
Three of LayerZero’s rivals also put in last-minute bids or intent-to-bids to acquire Stargate, with one bidder, Wormhole, unsuccessfully asking for the vote on LayerZero’s acquisition to be paused.
Read more
Market Opportunity
CreatorBid Price(BID)
$0.0293
$0.0293$0.0293
USD
CreatorBid (BID) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Nvidia shares fall 3%
The post Nvidia shares fall 3% appeared on BitcoinEthereumNews.com. Home » AI » Nvidia shares fall 3% Chipmaker extends decline as investors continue to take profits from recent highs. Photo: Budrul Chukrut/SOPA Images/LightRocket via Getty Images Key Takeaways Nvidia’s stock decreased by 3% today. The decline extends Nvidia’s recent losing streak. Nvidia shares fell 3% today, extending the chipmaker’s recent decline. The stock dropped further during trading as the artificial intelligence chip leader continued its pullback from recent highs. Disclaimer Source: https://cryptobriefing.com/nvidia-shares-fall-2-8/
Share
BitcoinEthereumNews2025/09/18 03:13
Zero Knowledge Proof Kicks Off 2026 With Presale Auction Plus $5M Reward – Could This Spark Major Movement?
Most crypto markets concentrate on popular names bouncing back from the latest drops, yet one presale auction grabs focus for completely different reasons. Zero
Share
LiveBitcoinNews2026/01/15 05:00
Uphold’s Massive 1.59 Billion XRP Holdings Shocks Community, CEO Reveals The Real Owners
Uphold, a cloud-based digital financial service platform, has come under the spotlight after on-chain data confirmed that it safeguards approximately 1.59 billion XRP. According to Uphold’s Chief Executive Officer (CEO), Simon McLoughlin, these tokens are fully owned by customers, not the exchange itself. Uphold Clarifies Massive XRP Holdings The crypto community was taken by surprise […]
Share
Bitcoinist2025/09/18 00:30