Securitize Chooses Wormhole for Cross-Chain Transfer of Tokenized Assets
Securitize has adopted Wormhole technology for transferring institutional funds across multiple blockchain networks. This integration aims to enhance liquidity, accessibility, and scalability for clients, promoting on-chain adoption among large investors.
- Securitize manages over $1.5 billion in tokenized assets.
- The USD Institutional Digital Liquidity Fund (BUIDL) by BlackRock reached $642 million in assets as of January 27, 2025.
- Wormhole has facilitated $55 billion in cross-chain volume since its inception in 2020.
- Demand for asset transfers to preferred networks is rising among investors, according to Wormhole co-founder Robinson Burkey.
- Securitize's partnership with Wormhole allows asset managers to customize offerings for any supported blockchain.
- Major tech firms like Google Cloud, AMD, and Uniswap are utilizing Wormhole's interoperability.
- Securitize focuses on digital asset adoption through regulated services, including an SEC-registered broker-dealer.
Future plans include enhancing connectivity between institutional products and various networks while maintaining security and operational efficiency.