On Wednesday, the Wormhole team announced via a blog post that Flow Traders, a leading publicly traded trading firm providing liquidity across multiple asset classes, has officially joined Wormhole’s solver network.
By joining this network, Flow Traders will support the newly launched Composable Intents platform. This strategic collaboration will enhance the speed, liquidity, and cost-effectiveness of multichain token swaps on Wormhole's platform.
Composable Intents enables fast, secure, inexpensive token transfers and swaps across multiple blockchains. By utilizing Wormhole Messaging, Composable Intents enables apps to perform complex cross-chain actions in a single unified transaction.
As a solver on Wormhole’s Composable Intents platform, Flow Traders will leverage its extensive experience in providing liquidity in traditional finance and apply it to the decentralized finance ecosystem.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.2335, down 4% in the last 24 hours.