Stargate - About the company
Stargate is an acquired company based in Switzerland, founded in 2021 by Jose A Somalo. It operates as an Online composable liquidity transport protocol. Stargate has raised an undisclosed amount in funding. The company has 118 active competitors, including 30 funded and 5 that have exited. Its top competitors include companies like Lido, EigenLayer and Hut 8 Mining.
Company Details
Online composable liquidity transport protocol. The users can transfer assets cross-chain with Stargate's Omnichain native asset bridge and access the protocol's unified liquidity pools that enable decentralized lending and borrowing.
- Website
- stargate.finance
- Social
- Email ID
- *****@stargate.finance
Key Metrics
Founded Year
2021
Location
Stage
Acquired
Latest Funding Round
Investors
Ranked
15th among 118 active competitors
Exit Details
Acquired by LayerZero Labs Canada Inc (Aug 25, 2025)
Stargate's acquisition details
Stargate got acquired by LayerZero Labs Canada Inc on Aug 25, 2025 at an acquisition amount of $110M.
Click here to take a look at Stargate's acquisition in detail
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Stargate's funding and investors
Stargate has raised funding over 1 round. Stargate has 5 institutional investors.
Here is the list of recent funding rounds of Stargate:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 18, 2022 | 3720779 | ICO | 8767874 | 2063185 | 6433102 | 3278765 |
Access funding benchmarks and valuations. Sign up today!View details of Stargate's funding rounds and investors
Stargate's founders and board of directors
Founder? Claim ProfileThe founders of Stargate is Jose A Somalo.
Here are the details of Stargate's key team members:
- Jose A Somalo: Founder & Director of Stargate.
View details of Stargate's Founder profiles and Board Members
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Stargate's Competitors and alternates
Top competitors of Stargate include Lido, EigenLayer and Hut 8 Mining. Here is the list of Top 10 competitors of Stargate, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Non-custodial staking solution for cryptocurrencies | $72M | 63/100 | ||
2nd |  EigenLayer 2021, Seattle (United States), Series B | Platform offering a set of smart contracts on Ethereum | $241M | 63/100 | |
3rd |  Hut 8 Mining 2011, Toronto (Canada), Public | Digital asset mining and performance computing solutions for individuals | - | 61/100 | |
4th |  CyberConnect 2021, Palo Alto (United States), Series A | Web3 social network platform | $25M | 61/100 | |
5th |  P2P 2018, George Town (Cayman Islands), Series A | Provider of a non-custodial staking platform for cryptocurrencies | $23M | 59/100 | |
6th |  Solayer 2024, Zug (Switzerland), Seed | Offering decentralized network security solutions | $12M | 58/100 | |
7th |  Stride Labs 2022, New York City (United States), Seed | Online multichain liquid staking platform | $10.7M | 56/100 | |
8th |  Cipher Mining 2017, New York City (United States), Public | Mining infrastructure for cryptocurrencies and Bitcoin | - | 54/100 | |
9th |  fija Finance 2022, Munich (Germany), Series A | Online platform offering cryptocurrency staking solutions | $1.85M | 53/100 | |
10th | Provider of CeDFi staking platform | $6M | 51/100 | ||
15th |  Stargate 2021, Switzerland, Acquired | Online composable liquidity transport protocol | - | 49/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Stargate's competitors? Click here to see the top ones
Stargate's Investments and acquisitions
Stargate has made no investments or acquisitions yet.
Reports related to Stargate
Here is the latest report on Stargate's sector:
News related to Stargate
Filter this listMedia has covered Stargate for a total of 8 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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LayerZero secures $110M Stargate acquisition after bidding war; Community approves with 95% DAO votebitcoinethereumnews.com•Aug 25, 2025•Stargate, LayerZero Labs Canada Inc, Wormhole
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LayerZero acquires Stargate with 94% DAO approval in $120M dealCryptopolitan•Aug 24, 2025•Stargate, LayerZero Labs Canada Inc
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Wormhole offers new acquisition proposal for Stargate, topping LayerZero's $110M offerCoindeskjapan•Aug 21, 2025•Wormhole, Stargate
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LayerZero Proposes $110M Acquisition of Stargate Bridge, Plans Token Swap to ZROCryptos Newss•Aug 11, 2025•LayerZero Labs Canada Inc, Stargate, LayerZero
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Fuse Network Enables MultiChain Payments with Stargate Cross-Chain BridgeFinance Magnates•Dec 03, 2024•fuse.io, Stargate
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