Securitize, BlackRock-Backed, Integrates Wormhole for Cross-Chain Liquidity

Securitize, a leading real-world asset tokenization platform backed by BlackRock and Hamilton Lane, has announced a significant strategic move by integrating with the interoperability protocol Wormhole. This partnership will enable Securitize to offer cross-chain support to its users, enhancing liquidity and flexibility for institutional investors.

By integrating Wormhole as its primary interoperability solution, Securitize clients can now easily transfer funds tokenized on the platform across multiple chains, including Ethereum, Arbitrum, Avalanche, Optimism, and Polygon networks. This integration will bring the benefits of interoperability to tokenized assets of prominent institutions such as BlackRock, Hamilton Lane, and KKR.

Carlos Domingo, co-founder and CEO of Securitize, commented on the partnership: "This enables our clients’ tokenized assets, like BlackRock’s BUIDL, to scale seamlessly across new networks, further expanding access and liquidity for investors."

This latest collaboration between Securitize and Wormhole builds on an earlier partnership that saw the BlackRock-backed platform tap into Wormhole for cross-chain messaging. In September, Securitize announced it would leverage the protocol’s technology to power interoperability for asset managers.

Wormhole, a protocol that has grown to power over $55 billion in cross-chain volume, has seen several platforms and crypto protocols integrate its technology for interoperability. These include partnerships with stablecoin issuers Agora and Transfero, restaking platform Nuffle Labs, DeFi platform Infinex, and multi-asset class liquidity provider Flow Traders. Additionally, Wormhole has formed major partnerships with cloud computing giant Google Cloud, USDC issuer Circle, tech company AMD, and top DEX platform Uniswap.