Crypto Interoperability & Wormhole - Wormhole is experiencing growth in the multichain world [1] - Interoperability is increasingly important in the crypto space [1] - Wormhole plays a role in Real World Asset (RWA) tokenization [1] RWAs & Tokenized Credit - RWAs and stablecoins can coexist in a multichain environment [1] - Tokenized credit is an emerging area within the crypto industry [1] Institutional Adoption & Crypto Expansion - Institutions are increasingly adopting crypto [1] - Institutions are opening up to crypto [1] - The crypto industry is expected to expand in the future [1] Governance & Regulation - Wormhole operates under a specific governance model [1] - Shifting US regulations have effects on the crypto space [1] On-Chain Opportunities - IPOs and other on-chain opportunities are emerging [1]