Wormhole Partners with Cygnus

Twitter icon  •  Published 1 month ago on February 19, 2025  •  Hassan Maishera

On Tuesday, the Wormhole team announced via X that $cgETH.hashkey & $clBTC are now natively multichain, powered by Wormhole NTT.

Wormhole Partners with Cygnus

On Tuesday, the Wormhole team announced via X that $cgETH.hashkey & $clBTC are now natively multichain, powered by Wormhole NTT. Cygnus expands $cgETH.hashkey and $clBTC from Ethereum to Optimism, Base, and Arbitrum, enabling seamless multichain token functionality while unifying liquidity across chains.

Cygnus is a modular real-yield layer, combining EVM and non-EVM ecosystems through their Liquidity Validation System (LVS). With Wormhole NTT, Cygnus advances by cutting liquidity fragmentation while maintaining control over token ownership, metadata, and upgradeability.

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 $0.1600, down 7% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.