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Wormhole Foundation manages a messaging protocol that allows different blockchain networks to transfer data and assets to one another. The technology works by providing a standardized framework that developers use to send messages across chains without needing to build custom connections for every individual network. Unlike competitors that may focus on specific bridges or centralized services, this organization maintains an open-source, decentralized standard for general communication across the entire Web3 ecosystem. Its goal is to create a fully connected blockchain landscape where information moves securely and seamlessly between any platform.
Industries
Cybersecurity
Crypto & Web3
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Cayman Islands
Founded
2023
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The Wormhole Foundation has announced its intent to submit a competing bid to acquire Stargate Finance, challenging LayerZero's $110 million token-swap proposal.
Wormhole Foundation plans to compete with LayerZero for Stargate acquisition.
Has the SEC’s war on the cryptocurrency sector ended in a surrender?. As Bloomberg News reported Friday (Feb. 28), the Securities and Exchange Commission (SEC) has in the last month dismissed or halted at least eight cases against crypto firms, including some of the industry’s most high-profile names. That includes the back-to-back lawsuits against Coinbase and Binance, along with threats of possible action against companies such as Robinhood
Securitize is working with Wormhole to integrate cross-chain capabilities for all tokenized assets on its platform.
Wormhole Foundation launches STIP Grant with 1.8M ARB to boost Arbitrum ecosystem.
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Industries
Cybersecurity
Crypto & Web3
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Cayman Islands
Founded
2023
Find jobs on Simplify and start your career today