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Securitize Launches Wormhole for Tokenized Funds With Share Classes

Securitize Launches Wormhole for Tokenized Funds With Share Classes

Wormhole’s blockchain interoperability solution has been launched across Arbitrum, Avalanche, Ethereum, Optimism’s OP Mainnet, and Polygon 

Securitize, the largest tokenization platform in the world by assets, announced that Wormhole has gone live as its primary interoperability solution. Wormhole’s capabilities will allow funds tokenized on Securitize’s platform to be seamlessly and securely transferred between all blockchain networks supported by Securitize. Securitize’s clients include Hamilton Lane, KKR, and BlackRock; the latter of whom launched the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) in March 2024, which as of Monday January 27, 2025, has a total AUM of $642,156,050.

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As accessibility and growth of tokenized assets for institutional investors remains paramount in spurring the mass adoption of digital assets, Securitize has selected Wormhole as its exclusive interoperability platform for its innovation, and industry-leading experience enabling over $55 billion in cross-chain volume since its inception in 2020.

Through its partnership with Securitize, Wormhole will provide investors in its tokenized funds with flexibility in managing and transferring the tokenized asset across various blockchains, bringing enhanced liquidity, scale, and accessibility to the tokenized ecosystem. Securitize will leverage the Wormhole messaging protocol, while using its own smart contracts in a customized approach that allows for the creation of tailored solutions that meet a fund’s specific needs.

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“This collaboration underscores the power of multichain tokenized assets for bringing institutional finance on-chain,” said Robinson Burkey, co-founder of Wormhole Foundation. “In only a short period of time, we’ve experienced a growing appetite for investors to move assets into their network of choice and are excited to work with Securitize to ensure its clients and their tokenized fund shareholders have the flexibility they want.”

Wormhole will provide the infrastructure that will allow investors in tokenized funds on Securitize’s platform access to on-chain yield opportunities, benefiting from flexible custody solutions, and experience near-instant native transfers and on-chain dividend functionalities.

Carlos Domingo, Co-founder and CEO of Securitize, added: “On our journey to offer multichain tokenized funds, Wormhole’s interoperability platform provides the necessary tools for institutional-grade security and flexibility. This enables our clients’ tokenized assets, like BlackRock’s BUIDL, to scale seamlessly across new networks, further expanding access and liquidity for investors.”

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Source – PR Newswire

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