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BREAKING: $RLUSD is going multichain to Base, Optimism, Ink, and Unichain powered by Wormhole NTT
Robinson Burkey
Verified account Wormhole@robinson
1.7K Following 21K Followers 4.5K Posts
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having fun w/ @Supertake
AI is used to surface opportunities and tokenization can provide access. Maybe this was the crypto x AI use case all along
AI is used to surface opportunities and tokenization can provide access. Maybe this was the crypto x AI use case all along
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The jim cramer of sports betting
Drake Is Betting $1.5M on Argentina to Win the World Cup FinalView quoted post on X
Wormhole is moving into a new phase. We are prioritizing a leaner and more asset-focused approach.
We are entering this next phase with one core belief. The main use case for blockchains has always been inherently financial. We are witnessing the indisputable rise of 24/7 markets, asset tokenization, faster settlement, and the democratization of finance.
Just a few weeks ago, we saw SpaceX’s extremely hot IPO launch onchain via Sunrise and tradable on Solana at essentially the same time as the NASDAQ. Since then there has been over $670M in volume onchain from the Sunrise launch of SPCX. Other listings have followed in fast succession: MU (Micron Technology) SNDK (Sandisk) and more. The gap is closing.
I believe that the combination of Wormhole, Sunrise and our various partners (below) can act as the asset issuance layer across all onchain venues. Sunrise was the last piece of the puzzle. It goes beyond simple issuance tech. It encompasses everything required to make an onchain market liquid and successful, and for those who have been in this industry long enough know… this is the hard part. It’s one thing to issue an asset, it’s a much different and more difficult thing to make it successful.
After 4~ years of Wormhole and following the creation of the foundation, I will be shifting my personal focus to advising Wormhole Labs and working closely with the layer of applications built on Wormhole to drive more value & revenue to the protocol (e.g. Sunrise, Portal, and Mayan). Together with key partners like Backpack, Securitize, Hyperliquid and Solana... onchain equities stablecoins and more are gaining real adoption and wormhole is the connectivity layer.
The foundation will be run by Denise Carlin who has been leading internal operations for the last 2+ years. As for Wormhole Labs, I am excited to back Saeed Badreg (@shadddowfax) at the helm. If you are issuing assets onchain or interested in building on wormhole, please shoot me a DM. More to come!
We are entering this next phase with one core belief. The main use case for blockchains has always been inherently financial. We are witnessing the indisputable rise of 24/7 markets, asset tokenization, faster settlement, and the democratization of finance.
Just a few weeks ago, we saw SpaceX’s extremely hot IPO launch onchain via Sunrise and tradable on Solana at essentially the same time as the NASDAQ. Since then there has been over $670M in volume onchain from the Sunrise launch of SPCX. Other listings have followed in fast succession: MU (Micron Technology) SNDK (Sandisk) and more. The gap is closing.
I believe that the combination of Wormhole, Sunrise and our various partners (below) can act as the asset issuance layer across all onchain venues. Sunrise was the last piece of the puzzle. It goes beyond simple issuance tech. It encompasses everything required to make an onchain market liquid and successful, and for those who have been in this industry long enough know… this is the hard part. It’s one thing to issue an asset, it’s a much different and more difficult thing to make it successful.
After 4~ years of Wormhole and following the creation of the foundation, I will be shifting my personal focus to advising Wormhole Labs and working closely with the layer of applications built on Wormhole to drive more value & revenue to the protocol (e.g. Sunrise, Portal, and Mayan). Together with key partners like Backpack, Securitize, Hyperliquid and Solana... onchain equities stablecoins and more are gaining real adoption and wormhole is the connectivity layer.
The foundation will be run by Denise Carlin who has been leading internal operations for the last 2+ years. As for Wormhole Labs, I am excited to back Saeed Badreg (@shadddowfax) at the helm. If you are issuing assets onchain or interested in building on wormhole, please shoot me a DM. More to come!