According to the statement, the Wormhole integration adds new capabilities to an already established ledger known for fast transactions and native asset issuance.
The move would allow developers to send XRP, IOUs, and new token types like Multi-Purpose Tokens (MPTs) to other supported blockchains. They’ll also be able to trigger smart contract functions on external networks using cross-chain data inputs.
He explained that creating bridges between chains allows the blockchain network to expand its reach without compromising on security or performance. He added that the integration will support wider adoption by making it easier to move value across networks.
The firm stressed that breaking down the barriers between chains is critical to making blockchain infrastructure more usable for institutions and application developers. It added that the partnership will enable cross-chain messaging, token transfers, and the launch of multichain digital assets.
These features will support emerging use cases tied to DeFi, institutional blockchain services, and tokenized real-world assets (RWAs).