According to Blockworks, cross-chain messaging platform Wormhole has launched native token transfer (NTT) to preserve token characteristics and solve the problem of liquidity fragmentation between different blockchains. Currently, sending tokens across different blockchain platforms usually requires a token bridge. These bridges usually use the method of "locking and casting" or "destroying and casting" when implementing transfers. However, Nikhil Suri, product director of the Wormhole Foundation, said that because interoperability protocols deploy packaged assets on behalf of projects, these assets are not fungible between different interoperability protocols, resulting in fragmented liquidity, which leads to poor user experience and suboptimal markets. Unlike existing cross-chain token transfer methods, NTT involves protocols deploying their specification tokens locally on multiple blockchains and using an interoperability layer to facilitate transfers between these specification deployments. Suri said that compared to packaged assets, native token transfers ensure that projects maintain ownership, upgradeability, and customizability of their tokens on various blockchains.