LayerZero Acquires Stargate (DAO) in Cross‑Chain Consolidation Deal

Offchain Labs Acquires ZeroDev

August 13, 2025

Software

Offchain Labs, the developer of Arbitrum and related tooling, has acquired ZeroDev, a New York–based provider of smart account infrastructure and developer tools. The purchase—terms undisclosed—expands Offchain Labs' product suite into consumer-facing application tooling and strengthens its developer infrastructure for account abstraction and onchain UX.

Golden Gate Capital Invests in oneZero Financial Systems

November 12, 2024

Payments & Fintech

oneZero Financial Systems, a Somerville-based provider of multi-asset trading technology, received a minority growth investment from Golden Gate Capital with existing investor Lovell Minnick Partners remaining in place. The capital will support oneZero's product roadmap, team expansion and M&A-driven growth while founders Andrew Ralich and Jesse Johnson remain largest individual shareholders and continue in executive roles.

BitGo Acquires HeightZero

October 17, 2023

Financial Services

BitGo Holdings, Inc. has acquired HeightZero, a turnkey digital asset management platform (TDAMP) for wealth managers and RIAs. The deal integrates HeightZero’s advisor-focused platform with BitGo’s institutional-grade custody and wallet infrastructure to offer a secure, scalable solution for advisors and asset managers seeking digital asset exposure.

Cloudflare Acquires BastionZero

May 30, 2024

Cybersecurity

Cloudflare, Inc. has acquired BastionZero, a Zero Trust infrastructure access platform, to integrate BastionZero’s passwordless, just-in-time access controls into Cloudflare One. The deal expands Cloudflare’s SASE capabilities to provide Zero Trust access for servers, Kubernetes clusters, and databases, improving security, compliance, and remote developer productivity.

Advent International Acquires Majority Stake in LayerZero Power Systems

June 30, 2025

Manufacturing

Advent International has signed a definitive agreement to acquire a majority shareholding in LayerZero Power Systems, a U.S. manufacturer of static transfer switches, PDUs, and other mission-critical power infrastructure for data centers. The founders will remain minority equity holders, Annette Clayton will serve as Chair, and Advent plans to scale manufacturing capacity, expand the customer base, and grow service capabilities; the transaction is expected to close in Q3 2025.

Prophecy DeFi Acquires 60% Stake in Layer2 Blockchain Inc.

July 9, 2021

Payments & Fintech

Prophecy DeFi Inc. completed the acquisition of 60% of the issued and outstanding common shares of Layer2 Blockchain Inc., issuing 25,000,000 Prophecy common shares to Layer2 shareholders as consideration. The majority stake gives Prophecy control to accelerate Layer2's DeFi operations — including liquidity provisioning, market making, cross-chain arbitrage and staking — as part of Prophecy's broader decentralized finance investment ecosystem.