Securitize Enhances Tokenized Asset Liquidity Through Wormhole Integration

Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain

Securitize, a provider of real-world-asset (RWA) tokenization infrastructure, has chosen Wormhole as its official interoperability provider. This partnership will enable cross-chain transfers for all tokenized assets on the Securitize platform.

The partnership aims to enhance liquidity and accessibility for tokenized assets, while also bridging traditional and decentralized finance systems.

With Wormhole, tokenized assets can now seamlessly move across various blockchain networks. By leveraging Wormhole’s interoperability technology, issuers using Securitize can now enhance the flexibility of their digital assets, making them more accessible to a broader range of investors.

This development marks a significant step towards increased liquidity and faster transactions for tokenized assets on public blockchains.

“Tokenized securities need to thrive on public, permissionless blockchains to unlock the potential of blockchain technology,” said Carlos Domingo, the CEO and co-founder of Securitize.

“This partnership with Wormhole will help enable sub-second, sub-penny transactions and move us into an increasingly cross-chain ecosystem, showcasing yet another example of how public blockchains enable new use cases that had previously been unavailable.”

Securitize works with top-tier asset managers, including Blackrock, Hamilton Lane Investcorp, KKR, and others. It is a fully licensed and regulated SEC-registered broker-dealer and digital transfer agent, FINRA member, and SEC-regulated Alternative Trading System (ATS).

The company is also the second entity under Ondo in terms of tokenized U.S. Treasuries minted onchain with $526.58 million. It works with Blackrock’s BUIDL tokenized fund which has a market valuation of $521.91 million as of Sept. 20, 2024.

At press time, the RWA value locked on blockchains is $11.95 billion and tokenized Treasuries equate to $2.22 billion in onchain value.

This integration is expected to further institutional adoption of tokenized assets by providing a secure, cross-chain communication method.

Securitize will incorporate its own smart contracts to meet regulatory requirements, while Wormhole’s open-source protocol will support secure messaging and transfers.

The partnership combines Securitize’s compliance expertise with Wormhole’s mission to support decentralized finance (defi) solutions.