Flow Traders and Wormhole Foundation Form Strategic Partnership | PR Newswire [Video]

, /PRNewswire/ — Wormhole Foundation, the team supporting the development of Wormhole’s decentralized platform, today announced a strategic partnership with Flow Traders Ltd. (Euronext: FLOW), a leading global technology-enabled liquidity provider and market maker. As a first step in this partnership, Flow Traders has made a strategic investment in Wormhole and will join its solver network, aiming to enhance the speed and efficiency of multichain swaps. Alongside Flow Traders, Google Cloud and AMD are other infrastructure providers contributing to Wormhole, with established security and hardware acceleration partnerships, respectively.

Flow Traders will be the first trading firm to join Wormhole’s solver network, supporting the newly launched Composable Intents product, providing enhanced liquidity, speed of execution and cost-effective multichain token swaps to Wormhole’s users.

Flow Traders joining as a solver

As a solver for Wormhole’s Composable Intents product, Flow Traders will leverage its extensive experience in providing liquidity across the TradFi and DeFiecosystems and apply it throughout Wormhole’s network. …