Backed, Lisk partner to foster RWA adoption in emerging markets

Tokenized real-world asset platform Backed and Layer 2 blockchain Lisk have announced a strategic partnership to accelerate RWA adoption in emerging markets.

The collaboration will unlock financial opportunities by leveraging Backed’s expertise in RWA and Lisk (LSK), the two platforms announced.

“This partnership aligns perfectly with our vision of democratizing access to financial services through blockchain technology,” said Erwan Mismaque, Lisk’s head of on-chain finance.

“Backed’s innovative approach to RWA tokenization, combined 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,” Mismaque added.

Leveraging Optimism Superchain

Lisk’s L2 technology enables real-world applications to be on-chain on the Ethereum network. The platform also offers broader interoperability for blockchain developers and enterprises through its integration with the Optimism Superchain.

According to Bernardo Quintao, Backed’s head of business development, 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 Super Chain, multiple L2 chains form a network called OP Chains, and member networks benefit from shared security, open source technology stack, and communication layer.

Grants of up to $100,000 will be provided for projects

Optimism Superchain will strengthen the integration for accessibility and scalability. Meanwhile, enterprises, developers, and partners will have access to Lisk’s incubation program, the Blockchain Incubator, as they build new RWA-related projects.

The Blockchain Incubator helps African entrepreneurs rapidly scale new solutions by supporting blockchain initiatives.

New projects built on Lisk and using Backed’s tokenization infrastructure or bTokens will be eligible to receive grants of up to $100,000 in LSK tokens.