**Flow Traders Partners with Wormhole for Enhanced Cross-Chain Liquidity**

Institutional market maker Flow Traders has teamed up with Wormhole, an interoperability protocol, to boost cross-chain liquidity and performance. Announced on October 30, Flow Traders will invest in Wormhole Foundation and help facilitate multichain swaps as part of Wormhole’s “solver” network.

Michael Lie, Flow Traders’ global head of digital assets, emphasized the need to simplify and unify the fragmented multi-blockchain ecosystem. Wormhole’s Solvers compete in real-time to fulfill cross-chain transfer requests, streamlining complex multi-step trades.

This partnership is part of a broader push into institutional crypto markets. Recently, Securitize integrated Wormhole’s messaging infrastructure, and Chainlink partnered with Swift for blockchain payments. Flow Traders, a key market maker for crypto ETFs, traded around $500 million in crypto assets in Q2 2024.

Wormhole connects nearly 30 networks, including Ethereum, Solana, and Avalanche, setting the stage for increased institutional adoption of tokenized assets.