Google Cloud

In September 2024, Wormhole integrated Google Cloud into its Guardian Network, enhancing the protocol’s security and reliability. As a Guardian Node, Google Cloud’s infrastructure strengthens the decentralized network, ensuring uptime and providing verification redundancy across the entire Guardian set.

This collaboration addresses the increasing demands for enhanced uptime and reliability in cross-chain messaging. Google Cloud’s participation ensures immediate backfilling of any Guardian that experiences downtime, maintaining the robustness of Wormhole’s security infrastructure.

Beyond bolstering the Guardian Network, the partnership accelerates Wormhole’s zero-knowledge (ZK) roadmap. With Google Cloud’s support, Wormhole is researching the addition of trustless ZK verification mechanisms, aiming to optimize multichain security through extended research and product development.

The integration also brings Google Cloud’s planet-scale infrastructure to Wormhole, minimizing downtime and unverified messages for thousands of application developers and users across over 40 supported blockchains. This enhancement is crucial for maintaining the integrity of cross-chain communications.

Pyth Network

Pyth Network, a leading financial oracle solution, integrated with Wormhole to expand its cross-chain capabilities. Originally operating on Solana, Pyth aimed to provide high-quality pricing feed data across multiple blockchains without the need for extensive individual integrations.

By utilizing Wormhole Messaging, Pyth was able to write a single smart contract and deploy it across every Wormhole-connected chain. This approach allowed Pyth to share price feed data across networks using cross-chain messages, significantly reducing the time, money, and effort required for expansion.

The integration enabled Pyth to publish 1.9 million aggregated price updates per day across 32 chains and 6 runtimes. This scalability allowed Pyth to capture key customers like Synthetix on Optimism and Ribbon Finance on Ethereum, securing 48% of all DEX trading within the first 8 months.

Pyth’s innovative pull oracle design allows applications to effortlessly “pull” the latest price onto their native blockchain on demand. This design, combined with Wormhole’s interoperability, ensures that real-time market data is delivered securely and transparently to over 25 blockchains.

Securitize

Securitize, the world’s largest tokenization platform by assets, selected Wormhole as its official interoperability provider for all current and future tokenized assets. This decision addresses the challenges of creating multichain tokenized assets, which has historically been fragmented, limiting liquidity and investor flexibility.

By integrating Wormhole’s secure and scalable infrastructure, Securitize enables seamless tokenized asset transfers across multiple blockchain ecosystems. This integration facilitates multichain access to tokenized funds like BlackRock’s BUIDL and Apollo Global’s ACRED, providing investors with greater liquidity and flexibility in managing digital securities.

The collaboration has led to multichain support for major institutional tokenized funds, including BlackRock’s BUIDL ($2B AUM) and Apollo’s ACRED. Securitize has expanded to multiple blockchain networks, including Aptos, Avalanche, Ethereum, Polygon, and Solana, increasing institutional adoption of tokenized funds.

Carlos Domingo, Co-founder and CEO of Securitize, emphasized that Wormhole’s interoperability platform provides the necessary tools for institutional-grade security and flexibility. This enables clients’ tokenized assets to scale seamlessly across new networks, further expanding access and liquidity for investors.

Moremarkets

Moremarkets, previously known as Nuffle Labs, is a decentralized finance platform that leverages Wormhole’s interoperability solutions to enhance its cross-chain operations. By integrating with Wormhole, Moremarkets enables seamless asset transfers and interactions across multiple blockchain networks, improving user experience and accessibility.

The platform utilizes Wormhole’s messaging and native token transfer capabilities to facilitate efficient and secure cross-chain transactions. This integration allows Moremarkets to offer its users a broader range of financial services, including lending, borrowing, and trading, across various blockchain ecosystems.

Moremarkets’ adoption of Wormhole’s technology demonstrates the growing demand for interoperable solutions in the decentralized finance space. By providing users with the ability to interact with multiple blockchains seamlessly, Moremarkets enhances its platform’s utility and competitiveness.

The collaboration also highlights Wormhole’s versatility in supporting diverse applications beyond traditional finance, showcasing its potential in enabling innovative DeFi platforms to scale and reach wider audiences.

Highlights

• Google Cloud: Integrated into Wormhole’s Guardian Network, enhancing security, reliability, and supporting the development of zero-knowledge verification mechanisms.
• Pyth Network: Utilized Wormhole Messaging to expand its real-time price feeds across 32 chains, securing a significant share of DEX trading.
• Securitize: Selected Wormhole as its official interoperability provider, enabling seamless multichain tokenized asset transfers for major institutional funds.
• Moremarkets: Leveraged Wormhole’s cross-chain capabilities to enhance its DeFi platform, offering users seamless interactions across multiple blockchains.
• Wormhole’s Versatility: These case studies illustrate Wormhole’s adaptability in supporting various applications, from institutional finance to decentralized platforms, emphasizing its role in advancing blockchain interoperability.