Backed and Lisk Announce Strategic Partnership to Foster Real-World Asset Adoption in Emerging Markets

Summary:
• Backed and Lisk aim to leverage tokenisation technology to expand financial opportunities and drive economic growth.

Backed, a pioneer in the tokenization of real-world assets (RWAs), and Lisk, the Layer 2 blockchain dedicated to bringing Web3 adoption in emerging markets back to Ethereum, today announced a strategic partnership aimed at accelerating RWA adoption and financial inclusion in emerging markets.

The collaboration will bring together Backed’s expertise in real-world asset tokenization and its extensive list of tokenized assets while leveraging Lisk’s extensive blockchain ecosystem. The partnership seeks to push RWA adoption across multiple applications. With combined efforts, Backed and Lisk are specifically focused on emerging economies, where the potential for economic growth and financial inclusion is significant.

The companies will explore the integration of Backed’s RWA solutions with the Optimism Superchain, enhancing accessibility and scalability for emerging markets within this expanding network. Recognizing the transformative potential of tokenization, Backed and Lisk aim to leverage this technology to expand financial opportunities and drive economic growth in these regions.

“We are thrilled 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 rapidly growing economies.”

To foster innovation, Backed’s ecosystem partners will gain access to Lisk’s incubator program, facilitating the development of new projects on the Lisk platform. Lisk’s Blockchain Incubation Hub is an initiative supporting African entrepreneurs to take their blockchain solutions from 0 to 100. New projects building on Lisk that utilize Backed’s bTokens or tokenization infrastructure will be eligible to apply for grants of up to 100,000 USD worth of LSK tokens. Additionally, Backed will offer priority tokenization services to clients building on Lisk’s L2 solution, streamlining the process and lowering barriers to entry.

“This partnership aligns perfectly with our vision of democratizing 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 potential for growth.”