PANews reported on September 10th that Quai Network has officially integrated with Wormhole. Quai will leverage Wormhole's core messaging layer to enable seamless asset transfers from over 40 chains to its scalable PoW ecosystem. Quai will also leverage Wormhole's NTT (Native Token Transfers) standard to enable multi-chain native deployment of $QI and $QUAI.
Quai is the world's first energy-based monetary system. Consisting of a sharded EVM-compatible blockchain and leveraging the innovative Proof-of-Entropy-Minima (PoEM) consensus, it boasts a throughput of 255,000 transactions per second (TPS) without sacrificing decentralization. $QUAI is its native token, and $QI is its decentralized "energy dollar." Quai aims to create a stable, low-cost environment for payments, DeFi, SocialFi, NFTs, and other use cases.
Wormhole NTT (Native Token Transfers) is an open and composable multi-chain native token transfer standard that enables cross-chain token migration without relying on traditional cross-chain liquidity pools, preserving token metadata and supply characteristics, and reducing transaction fees and operational complexity.
It is reported that this integration means a significant improvement in ecological interoperability: users can more conveniently use $QUAI and $QI directly on more mainstream chains, developers can build dApps with native tokens in a multi-chain environment, reducing the burden of bridging and liquidity management, and ecological applications will be easier to connect to existing wallets and infrastructure, thereby promoting the availability and popularity of Quai and expanding its influence on the entire crypto ecosystem.


BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
