🌎 Backed and Lisk Partner to Boost RWA Tokenization in Emerging Markets

Tokenized real-world assets platform Backed and Layer 2 blockchain Lisk have announced a strategic partnership aimed at accelerating the adoption of real-world assets (RWA) across emerging markets.

The collaboration is set to leverage Backed’s expertise in RWA tokenization and Lisk’s blockchain technology to unlock new financial opportunities. Erwan Mismaque, head of on-chain finance at Lisk, stated, “This partnership aligns perfectly with our vision of democratizing access to financial services through blockchain technology.” He added, “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.”

Lisk’s Layer 2 technology facilitates the integration of real-world applications onto the Ethereum network. The platform also offers broader interoperability for blockchain developers and enterprises through its integration with the Optimism Superchain.

Bernardo Quintao, head of business development at Backed, emphasized that the partnership will leverage Lisk’s interoperable blockchain network to bring the benefits of tokenized real-world assets to more people and businesses in emerging economies.

In the Optimism Superchain, several Layer 2 chains form a network known as OP Chains, where member networks benefit from shared security, an open-source tech stack, and a communication layer.

Grants for New Projects

The Optimism Superchain will power the integration for accessibility and scalability. Additionally, businesses, developers, and partners will have access to Lisk’s Blockchain Incubation Hub, which supports blockchain initiatives, particularly those led by African entrepreneurs, helping them scale new solutions rapidly.

New projects that build on Lisk and utilize Backed’s tokenization infrastructure or its bTokens will be eligible for grants of up to $100,000, provided in the form of LSK tokens.