Backed and Lisk Collaborate to Boost RWA Adoption in Emerging Markets

Backed, a pioneer in the tokenization of real-world assets (RWAs), and Lisk, the Layer 2 blockchain committed to reintroducing Web3 adoption in emerging markets to Ethereum, today announced a strategic collaboration to accelerate RWA adoption and financial inclusion in emerging markets.

Through the use of Lisk’s vast blockchain ecosystem, the partnership will combine Backed’s expertise in tokenizing real-world assets and its long list of tokenized assets. The collaboration aims to promote RWA adoption in a variety of applications. Together, Backed and Lisk are concentrating their efforts on emerging economies in particular, where there is a great deal of room for financial inclusion and economic progress.

Within this growing network, the firms will investigate how Backed’s RWA solutions may be integrated with the Optimism Superchain to improve accessibility and scalability for emerging markets. Acknowledging tokenization’s disruptive potential, Backed and Lisk want to use this technology to provide financial possibilities and boost economic growth.

Bernardo Quintao, Head of Business Development at Backed stated:

“We are thrilled to partner with Lisk to expand access to RWAs and drive financial inclusion in emerging markets. 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.”

In order to promote innovation, Lisk’s incubator program will be made available to Backed’s ecosystem partners, making it easier for new initiatives to be developed on the Lisk platform. The Blockchain Incubation Hub by Lisk is an initiative that helps African entrepreneurs scale their blockchain solutions from zero to one hundred. Using Backed’s bTokens or tokenization infrastructure, new Lisk projects will be able to apply for grants of up to 100,000 USD worth of LSK tokens. Furthermore, in order to streamline the process and minimize obstacles to entry, Backed will provide priority tokenization services to customers who are developing on top of Lisk’s L2 solution.

Erwan Mismaque, Head of On-Chain Finance stated:

“This partnership aligns perfectly with our vision of democratizing access to financial services through blockchain technology. 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.”