{"id":686994,"date":"2025-08-25T05:50:17","date_gmt":"2025-08-25T02:50:17","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/layerzero-wins-stargate-acquisition-in-4-way-bidding-war\/"},"modified":"2025-08-25T05:50:17","modified_gmt":"2025-08-25T02:50:17","slug":"layerzero-wins-stargate-acquisition-in-4-way-bidding-war","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/layerzero-wins-stargate-acquisition-in-4-way-bidding-war\/","title":{"rendered":"LayerZero wins Stargate acquisition in 4-way bidding war"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTEvMDE5MzIxODAtMWJhOC03N2Q2LWJjMGItNjViMTRlNmQ1ZjA2.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>The community for the cross-blockchain platform Stargate has greenlit LayerZero\u2019s $110 million acquisition, despite interest from three other rivals.<\/p>\n<p><p>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.<\/p>\n<p>Stargate\u2019s community <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/snapshot.box\/#\/s:stgdao.eth\/proposal\/0xf5516dd3c7c19d3182431ebac9af33abffdcba74a3440fdf851a96e58784d25c\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">voted<\/a> on Sunday with a 95% majority to greenlight the LayerZero Foundation\u2019s $110 million acquisition proposal, which it amended after holders of the Stargate (<a rel=\"nofollow\" target=\"_blank\" href=\"\/stargate-finance-price-index\">STG<\/a>) token said the original deal was unfair.<\/p>\n<p>Three of LayerZero\u2019s 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\u2019s acquisition to be paused.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/layerzero-wins-stargate-acquisition-4-way-bidding-war?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The community for the cross-blockchain platform Stargate has greenlit LayerZero\u2019s $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\u2019s community voted on Sunday with a 95% majority to greenlight the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":686995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-11\/01932180-1ba8-77d6-bc0b-65b14e6d5f06","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,74892,117],"class_list":["post-686994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-tokens","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/686994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=686994"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/686994\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/686995"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=686994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=686994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=686994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}