TechFlow news, November 23 — According to The Block, Wormhole Labs announced on November 23 the launch of the Sunrise Liquidity Gateway, a platform designed to provide a "standard pathway" for external assets entering the Solana ecosystem, addressing the issue of fragmented cross-chain asset liquidity. Built on Wormhole's Native Token Transfers (NTT) technology, Sunrise ensures assets maintain functionality and interchangeability across different blockchains while avoiding the risks associated with traditional liquidity pools.
The first major asset to integrate with Sunrise is MON, the native token of the highly anticipated Monad blockchain, which will begin trading tomorrow. Going forward, Sunrise plans to expand support to tokenized commodities, equities, and other real-world assets.
Kuleen Nimkar, Growth Lead at the Solana Foundation, said: "Products like Sunrise are key components in realizing Solana's vision of an internet capital market, providing seamless and highly liquid entry points for new non-native assets."
