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August 25, 2025CoinOtag logoCoinOtag

Wormhole’s $120M USDC Bid for Stargate Could Affect STG Holders and Cross‑Chain DeFi M&A

Wormhole’s $120M USDC Bid for Stargate Could Affect STG Holders and Cross‑Chain DeFi M&A
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Wormhole Foundation offered a $120 million USDC all-cash bid to acquire Stargate Finance, outbidding LayerZero’s $110 million ZRO token proposal and emphasizing cash certainty over token swaps—potentially reshaping cross-chain DeFi

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