As per TechFlow, on November 23, Wormhole Labs announced the launch of Sunrise, a liquidity gateway designed to provide a standardized path for external assets to enter the Solana ecosystem. Built on Wormhole's Native Token Transfers (NTT) technology, Sunrise ensures functionality and interchangeability of assets across chains while avoiding risks associated with traditional liquidity pools. The first major asset to join Sunrise is the native token of the Monad blockchain, MON, which will begin trading the following day. Sunrise plans to expand its support to tokenized commodities, stocks, and other real-world assets in the future. Kuleen Nimkar, Head of Growth at the Solana Foundation, stated that products like Sunrise are key to realizing the vision of a Solana internet capital market, offering seamless and highly liquid entry paths for non-native assets.
Wormhole Labs Launches Sunrise Gateway, MON Token Joins Solana Ecosystem
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