Securitize, an assetization platform, has launched a blockchain interoperability solution with Wormgat to make cross-network transfers for institutional tokenized funds possible.
Tokenization platform Securitize implements Wormgat for Multichain Fund Management
With the integration, funds on the Securitize platform can move seamlessly about Arbitrum, Avalanche, Ethereum, Opt -Minnet and Polygon from Optimism. Securitize states that Wormhole, which has facilitated more than $ 55 billion in cross-chain transactions since 2020, will serve as the exclusive interoperability layer for Securitize customers, including BlackRock, KKR and Hamilton Lane.
Blackrock’s USD Institutional Digital Liquuidity Fund (Buidl), launched in March 2024, reported $ 642 million to assets in management (AUM) from January 27, 2025. The implementation is intended to meet the institutional demand for multichain flexibility, causing investors in State states to transfer to the assets -assets -assets to transfer tokenized assets between networking and security networks.
The announcement of Securitize, shared with Bitcoin.com News, explains that the Wormhole message protocol will combine with the company’s own smart contracts, making adapted solutions for fund -specific requirements possible. The setup supports functions such as direct transfers, Onchain dividend distributions and flexibility of guardianship. Robinson Burkey, co-founder of Wormhole Foundation, noted that the collaboration reflects the growing institutional interest in the mobility of Onchain’s assets.
Carlos Domingo, CEO of Securitize, emphasized the role of the partnership in scaling access to tokenized assets. “This allows the tokenized assets of our customers, such as BlackRock’s buzzl, seamless scales in new networks, the access and liquidity for investors,” Domingo said on Tuesday.
The move corresponds to broader industrial efforts to bridge traditional finances with decentralized networks. According to the company, Securitize Tokenized assets worth more than $ 1.5 billion, with the infrastructure of Wormhole ready to support future growth in institutional products.
Credit : cryptonews.net
