Zug, Switzerland – Backed, a leader in the tokenization of real-world assets (RWAs), and Lisk, a Layer 2 blockchain aimed at bringing Web3 adoption to emerging markets on Ethereum, have announced a strategic partnership. This collaboration aims to accelerate the adoption of risk-weighted assets and promote financial inclusion in emerging markets.
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By combining Backed’s expertise in real-world asset tokenization with Lisk’s robust blockchain ecosystem, the partnership aims to drive RWA adoption across applications. The focus is on emerging economies, where there is significant potential for economic growth and financial inclusion.
The companies will explore integrating Backed’s RWA solutions with the Optimism Superchain to improve accessibility and scalability for emerging markets. This integration aims to leverage tokenization technology to expand financial opportunities and drive economic growth in these regions.
Synergy for financial inclusion
“We are excited to partner with Lisk to expand access to RWAs and drive financial inclusion in emerging markets,” said Bernardo Quintao, Head of Business Development at Backed.
“Our on-chain RWAs and tokenization solutions, combined with Lisk’s interoperable blockchain platform, create a powerful synergy to unlock new opportunities for individuals and businesses in these fast-growing economies.”
Bernardo Quintao, head of business development at Backed
Backed’s ecosystem partners will have access to Lisk’s incubator program, which supports the development of new projects on the Lisk platform. Lisk’s Blockchain Incubation Hub helps African entrepreneurs advance their blockchain solutions. New projects building on Lisk and using Backed’s bTokens or tokenization infrastructure can apply for grants of up to USD 100,000 in LSK tokens. Backed will also offer priority tokenization services to customers, building on Lisk’s L2 solution, streamlining processes and lowering barriers to entry.
“This partnership aligns perfectly with our vision to democratize access to financial services through blockchain technology,” said Erwan Mismaque, Head of On-Chain Finance. “Backed’s innovative approach to RWA tokenization, coupled with our focus on interoperability and emerging markets, will accelerate the adoption of blockchain-based solutions and empower individuals in regions with significant growth potential.”
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About Supported
Backed brings real-world assets on-chain, issuing permissionless tokens that track the value of assets such as stocks or ETFs, fully backed by those assets. Backed provides tokenization services to institutional clients, bridging the gap between traditional finance and decentralized finance.
Website: Supported
LinkedIn: supported finance
Twitter: @backedfi
About Lisk
Lisk is a Layer 2 blockchain focused on driving Web3 adoption in emerging markets on Ethereum. Lisk is known for its low transaction fees and is attractive to users and developers in cost-sensitive regions. Using scalable Layer 2 technology, Lisk efficiently supports real-world applications in emerging markets on Ethereum. As a member of the Optimism Superchain, Lisk improves blockchain interoperability with other leading networks.
Lisk offers a comprehensive ecosystem of build programs, tools, seed liquidity and support to help local Web3 projects succeed. With a mission to drive growth in emerging markets, Lisk has been democratizing blockchain accessibility worldwide since 2016.