Cryptocurrency Q&A
What's going on with badreg's $225 million split between wormhole & jump crypto?
What's going on with badreg's $225 million split between wormhole & jump crypto?
Luca
Fri Jan 31 2025
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6
answers
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I heard about badreg splitting $225 million between wormhole and jump crypto. What's the story behind this? I'm curious to know the details and reasons for such a large transaction.
6 answers
isabella_taylor_activist
Sun Feb 02 2025
Badreg refrained from revealing the specific distribution ratio of the $225 million between Wormhole Labs and Wormhole Foundation.
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CryptoChieftain
Sat Feb 01 2025
Wormhole Foundation is another entity established in 2021, aiming to incentivize developers to adopt the Wormhole protocol.
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KpopStarletShine
Sat Feb 01 2025
This separation was initially reported by Bloomberg, highlighting a strategic shift in the cryptocurrency landscape.
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Caterina
Sat Feb 01 2025
The decision to allocate funds between the two entities marks a significant milestone.
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Silvia
Sat Feb 01 2025
The capital injection into Wormhole Labs signifies a boost in resources and support.
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