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Wormhole formally proposed to acquire Stargate for at least 120 million USDC

2025-08-23 02:41

Odaily Planet Daily reported that the Wormhole Foundation has officially made an acquisition offer for Stargate, planning to acquire Stargate with an initial offer of at least 120 million USDC. This offer is higher than LayerZero's $110 million and will adopt a cash payment model rather than a token exchange model.

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