Securitize adds Wormhole for multi-chain RWA tokens
Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say.
Securitize, a tokenization platform, has integrated cross-chain communication protocol Wormhole in an effort to “bring cross-chain capabilities to all assets tokenized through the Securitize platform,” Securitize said in a Sept. 20 announcement.
Real-world assets (RWAs) — including tokenized claims on financial assets, commodities, or art — are emerging as one of cryptocurrency’s most popular market segments but constraints on transferability among blockchain networks and wallets hinder adoption.
“Tokenized securities need to thrive on public, permissionless blockchains to unlock the potential of blockchain technology,” Carlos Domingo, Securitize’s CEO, said in a statement.
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Author: Alex O’Donnell
