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Wormhole officially proposed to acquire Stargate, with an offer of at least 120 million USDC in cash

Aug 23, 2025 10:51:48

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ChainCatcher news, the Wormhole Foundation has officially made a takeover bid 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 dollars and will be made in cash rather than through token exchange.

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