Wormhole Facilitates Multichain Expansion for $956 Billion Asset Manager Hamilton Lane

Blockchain interoperability platform Wormhole has enabled Hamilton Lane, a global private markets investment manager overseeing $956 billion in assets, to expand its flagship Senior Credit Opportunities Securitize Fund ($SCOPE) to the Optimism and Ethereum Mainnet. The development, highlighted by crypto analyst Ash Crypto, underscores a growing trend of institutional assets leveraging blockchain technology for broader accessibility. "Wormhole onboarding billions ", Ash Crypto stated in a recent tweet, referencing the significant scale of assets involved.

Wormhole serves as a critical interoperability layer, facilitating seamless cross-chain messaging and asset transfers across over 35 blockchain networks. Since its inception, the platform has processed over US$60 billion in cross-chain volume and delivered one billion cross-chain messages, solidifying its role in connecting disparate blockchain ecosystems. This capability is crucial for institutions seeking to access decentralized finance (DeFi) liquidity and user bases across multiple chains.

The expansion of Hamilton Lane's $SCOPE fund involves tokenization by Securitize, a leading digital asset securities firm, with Wormhole providing the essential multichain interoperability. This move allows the fund's tokenized shares to be accessible on widely used networks like Optimism and Ethereum, enhancing liquidity and investor reach within the digital asset space. Hamilton Lane, a prominent player in private markets, is at the forefront of exploring blockchain's potential for traditional financial products.

This strategic collaboration follows a broader pattern of major financial institutions adopting Wormhole for their on-chain initiatives. BlackRock's BUIDL fund, a tokenized money market fund with approximately $2.8 billion under management, also utilizes Wormhole for its multichain capabilities. Additionally, Ripple recently integrated Wormhole with the XRP Ledger (XRPL) to enhance its multichain operability, allowing XRPL-native assets to interact with other major ecosystems.

The increasing adoption by asset managers like Hamilton Lane and BlackRock signifies a pivotal moment for the tokenization of real-world assets (RWAs) and the broader integration of traditional finance with blockchain technology. As the demand for robust, secure, and scalable multichain infrastructure grows, Wormhole continues to position itself as a key enabler for unlocking liquidity and fostering innovation across the burgeoning digital asset landscape.