 | Today I crossed with this another bullish news Tweet that announces Blackrock going live on wormhole. Big news for the tokenized assets race. BlackRock using Securitize has officially launched Wormhole integration allowing tokenized funds to work with different assets on Ethereum, Arbitrum, Optimism, Polygon, Avalanche, etc. This is another step forward on the institutional level tokenization ensuring improved liquidity, cross chain interoperability and investor will be able to access it in a easy and seamless way. Like CEO of Securitize, Carlos Domingo, said: This is quite a big win for Wormhole project against other competitors but I believe that BlackRock and other institutions will try to have multiple ways to tokenize assets choosing multiple projects that handle this in different way. I expect this because I work as a Software developer for a bank and most of the times we try to have multiple alternatives ready so if something goes wrong we have multiple options. This is also huge because BlackRock is a big boy and now they have access to all the tokenization system cross chain, etc. Enables $1b+ tokenized funds making them mobile reducing fragmentation across different networks and enables. Investors can now interact with them across multiple blockchains, etc. This is really good for crypto in general and for Ethereum ecosystem because as you could see, most of the projects available now are on this chain. Meaning that Ethereum bright future keeps consolidating. I hope this also helps to remove some noise regarding Ethereum. Sources: [link] [comments] |
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