Securitize has announced that its tokenization platform has integrated its cross-chain communication protocol, Wormhole. This integration aims to provide cross-chain capabilities for all assets tokenized through the Securitize platform. “Tokenized securities need to evolve on a public, permissionless blockchain to unlock the potential of blockchain technology,” said CEO Carlos Domingo.
Real-world assets (RWA) are a market of approximately $12 billion, and this integration aims to support the RWA ecosystem. Major players like WisdomTree and Franklin Templeton are also making similar moves.
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