Wormhole, a company specializing in cross-chain expansion, has secured a record $225 million in funding. This significant milestone has propelled the company’s valuation to an impressive $2.5 billion. As a result of this funding, Wormhole has decided to spin off into Wormhole Labs, further emphasizing its commitment to expanding its cross-chain capabilities. This move is expected to drive innovation and growth within the industry. With this latest development, Wormhole is poised to make a significant impact in the world of blockchain technology.

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Geography	North America
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Sentiment	positive
Relevance Score	1
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Companies	Wormhole Labs
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