LayerZero Finalizes $110M Stargate Acquisition Through Token Exchange
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 24 2025
LayerZero Acquisition: LayerZero Foundation has acquired Stargate (STG) for $110 million, with a 95% approval from the StargateDAO, allowing STG holders to convert their tokens to ZRO starting Monday.
Token Conversion Details: The conversion rate is set at 1 STG for 0.08634 ZRO, marking a strategic shift towards long-term integration rather than immediate liquidity offers, as seen in a failed rival bid from Wormhole Foundation.
Market Reactions: Responses to the acquisition are mixed; while some view it as a strengthening of LayerZero's position in cross-chain finance, others argue that it undervalues Stargate.
DeFi Strategy Shift: This acquisition signifies a broader trend in decentralized finance towards integrated approaches over cash offers, highlighting the need for technological foresight in future developments.
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
