1/ The Wormhole Foundation has arranged financing and is prepared to make an initial offer of at least $120M USDC for @StargateFinance, exceeding the initial $110M ZRO bid. An all-cash purchase provides $STG holders with maximum certainty and immediate liquidity. No delays and no
We're dedicated to supporting open-source, decentralized technologies that securely & seamlessly connect crypto. We are stewards of the @wormhole ecosystem.
Joined April 2023
- The Wormhole Foundation is committed to keeping the @StargateFinance community updated on where we are in the bidding process. We will provide regular updates throughout the process:
- Thank you to the @StargateFinance leadership team for reaching out and engaging in the appropriate consideration of our acquisition bid.At the WF, we have respect for the @StargateFinance protocol, its team, and especially its holders. Stargate is a leader in multichain asset transfers. That's why we're stepping up with our intent to acquire Stargate – to ensure holders get the fair deal they deserve.
- At the WF, we have respect for the @StargateFinance protocol, its team, and especially its holders. Stargate is a leader in multichain asset transfers. That's why we're stepping up with our intent to acquire Stargate – to ensure holders get the fair deal they deserve.
- Wormhole Foundation joins the ERC3643 Association to help shape the future of tokenized finance. The collaboration will accelerate compliant RWA adoption and institutional-grade tokenization across the internet economy.

