May 31, 2026ยทBullishยทfundraising
LayerZero's $110M Stargate Buyout Proposal Draws Criticism
LayerZero has proposed a $110 million buyout of all Stargate (STG) tokens to integrate the bridge into its network. This proposal has drawn significant criticism from STG holders, who deem the offer flawed and dilutive. Following the news, the STG token price surged over 72% to $0.3849.
Detected & updated continuously ยท Source: Ruma
