[slg]

Exactly, this move tells us that the people behind Wormhole think that $325m is the lower bound for the risk to their previous investment if they didn't act. That means they likely have billions at stake in which they fear losing or like I originally said they are worried it is a bubble that might pop.

[rewtraw]

or: it's not a bubble but the next era of the web. they see the long term value of being a leading ecosystem and don't want to fumble their position.