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Silverside Management Ltd

Blockchain

Wormhole Stock

Wormhole is a secure, open-source interoperability platform enabling multichain applications. It facilitates seamless cross-chain token transfers, messaging, and on-demand data queries. Trusted by major blockchain ecosystems, Wormhole offers tools for developers to integrate multichain functionalities with ease.

Founded: 2021

Wormhole Website

Wormhole Company Overview

Wormhole is a cutting-edge interoperability platform designed to support multichain applications and bridges, providing a seamless experience across various blockchain ecosystems. Founded to address the growing need for cross-chain communication, Wormhole enables the transfer of tokens, messages, and on-demand data queries between blockchains. This platform is open-source, ensuring transparency and security, and is supported by a robust governance framework that includes a $5 million bug bounty program and continuous audits. Wormhole's infrastructure is designed to be developer-friendly, offering a Software Development Kit (SDK) for custom multichain applications and an in-app bridging widget that can be integrated with minimal code. Additionally, Wormhole supports native token transfers, ensuring that tokens retain their utility without liquidity fragmentation. This makes it a preferred choice for decentralized finance (DeFi) protocols and other blockchain projects aiming for interoperability. The platform boasts extensive industry recognition, being the only cross-chain protocol unconditionally approved by Uniswap's Bridge Assessment Committee for its security measures. Wormhole is utilized by over 200 applications and supports more than 30 blockchains, demonstrating its wide adoption and reliability. Wormhole's ecosystem is backed by leading industry figures, facilitating the onboarding of new Web3 applications. With a community of over 700,000 members and a dedicated fellowship program, Wormhole is positioned at the forefront of the multichain future, providing the tools and support needed for developers to build next-generation decentralized applications.

Management Team

Saeed Badreg Co-Founder & Chief Executive Officer
Dan Reecer Chief Operating Officer
Robinson Burkey Chief Commercial Officer

Funding Information