Hassan Maishera
On Wednesday, the Wormhole team announced via X that Centrifuge, the leading platform for bringing real-world assets onchain, has selected Wormhole as its official multichain infrastructure partner for Centrifuge V3.
The partnership is being executed in partnership with Anemoy, a web3 native asset manager powered by Centrifuge. Asset managers and investors can now interact with tokenized assets seamlessly through a single, intuitive interface. This removes the need to manage custody, transaction payments, blockchain endpoints, and more for the ever-growing network of L1s and L2s, thus simplifying the onramp for institutions into the space.
Multichain tokenization and issuance is automated end-to-end, enabling Centrifuge to scale rapidly with the growth of the overall real-world asset market. This chain-agnostic vision is powered by Wormhole's industry-leading multichain interoperability platform.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.0739, up 7% in the last 24 hours.
