Wormhole Surpasses $40 Billion in Transactions Across 30+ Blockchains

in bitcoin •  last year 

1000053376.jpg

Originally conceived as just a crypto bridge platform Wormhole (W) is building up as a leading cross-chain protocol, revolutionizing communication and asset transfers across more than 30 blockchain and Layer 2 networks. Wormhole has swiftly evolved into a comprehensive cross-chain protocol, marking significant milestones by processing over 1 billion cross-chain messages and facilitating transactions exceeding $40 billion in crypto funds.

1000053373.png

Offering a suite of products such as the Wormhole Messaging protocol, Wormhole Connect for seamless integration of cross-chain asset bridging, and the Wormhole Gateway for Cosmos ecosystem interoperability, developers have access to essential tools for enhancing connectivity within the blockchain space.

1000053374.png

Backed by substantial funding and with a valuation of $2.5 billion, Wormhole enjoys strong financial support from prominent VCs like Coinbase Ventures and Brevan Howard, underscoring its strategic positioning in the cross-chain bridge ecosystem.

1000053372.png

With a promising tokenomics model and an recent listing on Bitget, Wormhole stands as a dynamic project set to redefine the landscape of cross-chain operations and functionality in the crypto sphere.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!