The bridge connecting all blockchains
When it comes to crypto, networks often act like isolated islands, each with its own rules, liquidity, and communities. Wormhole changes this by creating a powerful bridge between chains, allowing assets and information to move freely and securely. And now, its governance token W is available for conversions on Bitso.
About Wormhole
Wormhole is a decentralized interoperability protocol designed to connect dozens of blockchains. Originally launched in 2020 as a bridge between Ethereum and Solana, it has since grown into a chain-agnostic messaging layer that supports liquidity movement, NFT transfers, and cross-chain dApps. With its guardian network of 19 validators and a robust security framework, Wormhole enables developers and users to interact with multiple ecosystems as if they were one. The native token W powers governance, allowing the community to shape the protocol’s evolution.
Why Wormhole matters for Web3
The blockchain world has been fragmented for years, with assets and users locked into isolated ecosystems. Wormhole addresses this by enabling seamless interoperability across networks, which is critical for scaling DeFi, NFTs, and gaming. For traders, this means better access to liquidity, fewer barriers between chains, and a protocol at the forefront of Web3’s cross-chain future.
The story so far
- 2020 – Wormhole launches as a bridge connecting Ethereum and Solana.
- 2021 – Acquired by Jump Trading, bringing in advanced security and scaling expertise.
- 2023 – Spun off as an independent entity under the Wormhole Foundation, expanding integrations with Cosmos, Layer 2s, and more.
- 2024 – Announced its governance token W, giving the community a say in protocol decisions.
Key Points of W
- Cross-chain powerhouse: Connects assets and data across more than 30 networks.
- Security-first design: Uses a Guardian validator network and a $5M bug bounty to secure transactions.
- Developer-friendly tools: Offers Wormhole Messaging, Connect, and Native Token Transfers for easy integration.
- Governance utility: W holders can vote on upgrades, fees, and new integrations.
Why you should keep an eye on it
Wormhole’s token is not just about governance, it represents a protocol at the heart of Web3’s interoperability. With its rapidly growing integrations and strong security model, W has positioned itself as a speculative asset tied to one of crypto’s most essential infrastructures.
How can I buy W on Bitso?
Buying W on Bitso is simple:
- Log in or sign up for your Bitso account.
- Go to “Buy/Sell” and use the conversion feature to swap your local currency (MXN, ARS, BRL, COP, or USD) for W.
- Enter the amount, review the details, and confirm your transaction.
- Track its market performance directly in the app.
Note: W is only available through conversions on Bitso. It is not supported on Bitso Alpha, and deposits/withdrawals from external wallets are disabled. However, you can send and receive W between Bitso users via Bitso Transfer.
Disclaimer
W is the governance token of Wormhole, enabling cross-chain communication across multiple blockchain networks. While it plays a crucial role in the future of decentralized interoperability, its value is speculative and subject to market volatility. This content is for informational purposes only and does not constitute financial advice. Bitso encourages all users to conduct their own research (DYOR) before buying or using any digital asset.
