Hassan Maishera
On Tuesday, the Wormhole team announced via X that Securitize has deployed Wormhole, enabling Tokenized Funds with Multiple Share Classes on Ethereum, Arbitrum, Avalanche, Optimism, and Polygon.
The Securitize team added that Wormhole’s interoperability platform provides the necessary tools for institutional-grade security and flexibility. This enables their clients’ tokenized assets, like BlackRock’s BUIDL, to scale seamlessly across new networks, further expanding access and liquidity for investors.
Through its partnership with Securitize, Wormhole will provide investors in its tokenized funds with flexibility in managing and transferring the tokenized asset across various blockchains, bringing enhanced liquidity, scale, and accessibility to the tokenized ecosystem. Securitize will leverage the Wormhole messaging protocol while using its smart contracts in a customized approach that allows for creating tailored solutions that meet a fund’s specific needs.
Wormhole will provide the infrastructure to allow investors in tokenized funds on Securitize's platform access to on-chain yield opportunities, benefiting from flexible custody solutions, and experience near-instant native transfers and on-chain dividend functionalities.
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 $0.2137, down 2% in the last 24 hours.
