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."
About Backed:
Backed brings real-world assets on-chain. Backed issues permissionless tokens that track the value of real-world assets and are fully collateralized by them, such as stocks or ETFs. Tokens are issued under an approved EU prospectus. Backed offers tokenization services to institutional clients, bridging the gap between TradFi and DeFi.
Website: https://backed.fi/
LinkedIn: https://www.linkedin.com/company/backed-finance/
X / Twitter: https://twitter.com/backedfi
Not for the distribution to any U.S. Person or any person or address in the United States.
Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction.
For a full list of prohibited and restricted countries and to review legal documentation, please visit https://www.assets.backed.fi/legal-documentation
About Lisk:
Lisk is a Layer 2 blockchain dedicated to bringing Web3 adoption in emerging markets back to Ethereum. Known for offering some of the lowest transaction fees in the industry, Lisk is particularly appealing to users and developers in cost-sensitive regions.
By leveraging efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in emerging markets to operate efficiently on Ethereum. As a member of the Optimism Superchain, Lisk also enhances blockchain interoperability with other leading blockchain networks.
Lisk’s founder-focused approach provides a comprehensive ecosystem of builder programs, tools, seed liquidity, and knowledge bases to support local Web3 projects from inception to success. Its mission is to stimulate growth in emerging markets through tailored builder programs, liquidity funds, and community support.
As a long-standing Web3 infrastructure project since 2016, Lisk has been democratizing blockchain accessibility for developers and end-users globally. By participating in the Optimism Superchain, Lisk plays a pivotal role in onboarding the next billion people to Web3.
