$W

Wormhole announced that the native W token has been launched on Solana, Ethereum, Arbitrum, Optimism and Base, enabling cross-chain transfers via Wormhole native token transfer (NTT). NTT can transfer W seamlessly across Solana, Ethereum mainnet, and EVM L2, avoiding liquidity fragmentation or liquidity pool complexity while preserving W's unique utility within the Wormhole ecosystem. On Solana, W is the SPL token, on the EVM chain it is the ERC20 token. This implementation marks the completion of the second phase of the W release roadmap. Moving forward, W will launch MultiGov, the industry's first multi-chain governance system, and launch the governance staking function of W. These developments lay the foundation for future tokenization features that are only possible with NTT and the native multi-chain token.

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