Backed and Lisk Form Partnership to Boost Real-World Asset Adoption in Emerging Markets

Zug, Switzerland – Backed, a leader in the tokenization of real-world assets (RWAs), and Lisk, a Layer 2 blockchain focused on bringing Web3 adoption to emerging markets on Ethereum, have announced a strategic partnership. This collaboration aims to accelerate the adoption of RWAs and promote financial inclusion in emerging markets.

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By combining Backed's expertise in real-world asset tokenization and Lisk's robust blockchain ecosystem, the partnership seeks to drive RWA adoption across various 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 enhance 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 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."

Bernardo Quintao, Head of Business Development at Backed
Backed's ecosystem partners will gain access to Lisk's incubator program, which supports the development of new projects on the Lisk platform. Lisk's Blockchain Incubation Hub assists African entrepreneurs in advancing their blockchain solutions. New projects building on Lisk that utilize Backed's bTokens or tokenization infrastructure can apply for grants of up to 100,000 USD in LSK tokens. Backed will also offer priority tokenization services to clients building on Lisk's L2 solution, streamlining processes and lowering entry barriers.

"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 growth potential."

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About Backed

Backed brings real-world assets on-chain, issuing permissionless tokens that track the value of assets like stocks or ETFs, fully collateralized by these assets. Backed offers tokenization services to institutional clients, bridging the gap between traditional finance and decentralized finance.

Website: Backed
LinkedIn: Backed Finance
Twitter: @backedfi

About Lisk

Lisk is a Layer 2 blockchain dedicated to promoting Web3 adoption in emerging markets on Ethereum. Known for its low transaction fees, Lisk is appealing to users and developers in cost-sensitive regions. By leveraging scalable Layer 2 technology, Lisk supports real-world applications in emerging markets efficiently on Ethereum. As a member of the Optimism Superchain, Lisk enhances blockchain interoperability with other leading networks.

Lisk provides a comprehensive ecosystem of builder programs, tools, seed liquidity, and support to help local Web3 projects succeed. With a mission to stimulate growth in emerging markets, Lisk has been democratizing blockchain accessibility globally since 2016.