Securitize Teams Up with Wormhole for Cross-Network Asset Transfers
Securitize, a leading asset tokenization platform, has recently unveiled a groundbreaking blockchain interoperability solution in collaboration with Wormhole. This innovative solution is designed to facilitate seamless cross-network transfers for institutional tokenized funds.
The integration between Securitize and Wormhole now allows funds tokenized on Securitize’s platform to move effortlessly across popular networks such as Arbitrum, Avalanche, Ethereum, Optimism’s OP Mainnet, and Polygon. Notably, Wormhole, a proven interoperability layer that has facilitated over $55 billion in cross-chain transactions since 2020, will exclusively serve Securitize’s prestigious clients, including industry giants like Blackrock, KKR, and Hamilton Lane.
One of the notable funds utilizing this interoperability is Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL), which has seen remarkable growth, reporting $642 million in assets under management as of Jan. 27, 2025. The deployment of this technology addresses the pressing institutional need for multichain flexibility, offering investors the ability to transfer tokenized assets seamlessly between different networks while ensuring compliance and security.
Securitize’s official announcement, shared with Bitcoin.com News, elaborates on how Wormhole’s messaging protocol will seamlessly integrate with the platform’s proprietary smart contracts, enabling tailored solutions to meet the unique requirements of each fund. This setup supports a range of advanced features such as instant transfers, on-chain dividend distributions, and flexibility in custody solutions. Robinson Burkey, co-founder of Wormhole Foundation, highlighted that this collaboration underscores the increasing institutional interest in leveraging on-chain asset mobility.
Carlos Domingo, CEO of Securitize, emphasized the significance of this partnership in expanding access to tokenized assets, particularly highlighting the scalability benefits for assets like Blackrock’s BUIDL fund. “This collaboration enables our clients’ tokenized assets to seamlessly expand across new networks, enhancing access and liquidity for investors,” Domingo remarked during a recent interview.
This strategic move by Securitize aligns with broader industry trends aiming to bridge traditional finance with decentralized networks. With Securitize currently managing tokenized assets exceeding $1.5 billion, the partnership with Wormhole’s robust infrastructure is poised to support the growth of cross-chain institutional products in the foreseeable future.
