Wormhole raises $225M at $2.5B valuation
Wormhole is one of the most popular IBC protocols available.
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Wormhole is one of the most popular IBC protocols available.
Blockchain messaging protocol Wormhole raises $225M at $2.5B valuation - SiliconANGLE
Saeed Badreg, CEO of Wormhole Labs, said that raise was in exchange for future Wormhole tokens.
The team behind Wormhole, a leading blockchain messaging protocol, has raised $225 million in a recent funding round.
Messaging protocol Wormhole announced on Monday a raise of $225 million, reaching a valuation of $2.5 billion. This funding round saw participation from major investors such as Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading and others.