LayerZero Acquires Stargate Finance for $120 Million, Revolutionizing DeFi Interoperability

LayerZero has made a significant move in the DeFi world, acquiring Stargate Finance for $120 million worth of ZRO tokens. This strategic acquisition was approved by Stargate’s DAO with overwhelming support (95%). The deal has been met with excitement from the crypto community as evidenced by the surge in ZRO and STG tokens after the announcement.