TLDR Crypto · INNOVATION & LAUNCHES
WORMHOLE GOES MULTICHAIN WITH NATIVE TOKEN TRANSFERS
Summary from the TLDR Crypto newsletter
Wormhole, a cross-chain messaging platform, has launched Native Token Transfers (NTTs) in order to help preserve token properties and solve liquidity fragmentation issues across different blockchains. NTTs enable direct token transfers across chains without the use of synthetic wrapped assets. This allows projects to maintain the ownership, upgradeability, and uniqueness of their tokens across different chains.