Securitize, bringing the world on-chain as the enablers of real-world asset tokenization, announced an integration with the Wormhole Foundation that will bring cross-chain capabilities to all assets tokenized through the Securitize platform.
The collaboration results in all current and future tokenized assets from Securitize “leveraging Wormhole as the official blockchain interoperability provider.”
The collaboration represents “a significant advancement in the tokenization and cross-chain interoperability of digital assets, facilitating the growth of major institutional adoption and bridging the gap between traditional and decentralized financial systems.”
For asset issuers that leverage Securitize’s tokenization capabilities, this integration will “allow tokens to move seamlessly across different blockchain ecosystems, enhancing liquidity and accessibility for tokenized assets.”
Investors will receive greater flexibility in “managing and transferring tokenized assets across various blockchains, unlocking the potential to access a broader range of compliant digital asset ecosystems across many different networks.”
Carlos Domingo, CEO and co-founder of Securitize:
“Tokenized securities need to thrive on public, permissionless blockchains to unlock the potential of blockchain technology. This partnership with Wormhole will help enable sub-second, sub-penny transactions and move us into an increasingly cross-chain ecosystem, showcasing yet another example of how public blockchains enable new use cases that had previously been unavailable.”
Platform users can expect increased “trust, legitimacy, and flexibility in cross-chain activities, backed by Securitize’s industry leading compliance expertise and Wormhole’s secure, open-source interoperability platform.”
While leveraging the Wormhole messaging protocol, Securitize will “be using its own smart contracts in a customized approach that allows for the creation of tailored solutions that meet the specific needs of each asset manager, as well as regulations.”
Robinson Burkey, co-founder and CCO of Wormhole Foundation, added:
“Securitize has solidified itself as a leader in the tokenized asset ecosystem and we’re thrilled to bring the Wormhole platform to their customers to enable a more complete asset management experience. This advancement has set the stage for increased institutional adoption of tokenized assets – a significant moment for the industry in an effort to bridge the massive traditional finance market to decentralized finance.”
