HomeBlockchainLisk to Drive Blockchain Adoption in Emerging Markets with Mandatory Deployment

Lisk to Drive Blockchain Adoption in Emerging Markets with Mandatory Deployment

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Lisk and Obligate Collaborate to Enhance Access to Decentralized Financial Services

Lisk and Obligate Collaborate to Enhance Access to Decentralized Financial Services in Emerging Markets

Zug, Switzerland, May 9th, 2024 – Lisk, a prominent Layer 2 solution within the Optimism Superchain, has announced a strategic collaboration with Obligate, a Swiss-based on-chain capital markets platform known for its innovative blockchain-based financial services. The partnership aims to address challenges in emerging markets by improving access to decentralized financial services.

Obligate will deploy an instance on Lisk L2’s network, leveraging its high efficiency, speed, and scalability secured by Ethereum within the Optimism Superchain. This initiative seeks to empower businesses in emerging markets by providing more accessible capital solutions through blockchain technology, bypassing the obstacles and high costs associated with traditional banking intermediaries.

Dominic Schwenter, CPO of Lisk, emphasized the importance of this collaboration in promoting financial inclusion and advancing solutions for real-world assets and off-chain assets. He stated, “Integrating Obligate’s platform with Lisk not only promotes financial inclusion but also pioneers advanced solutions for real-world assets (RWA) and off-chain assets (OCA). This deployment is a crucial step towards our goal of introducing the next billion people to the Web3 ecosystem.”

Benedikt Schuppli, co-founder of Obligate, expressed enthusiasm about the partnership, highlighting the alignment between Lisk L2’s design for real-world applications and Obligate’s mission to offer secure and regulated blockchain solutions. He stated, “Our partnership will provide robust, efficient, and transparent financial options to the regions most in need, and we are eager to witness the positive impacts of our joint efforts.”

The deployment of Obligate on Lisk L2 is expected to have significant effects on real-world assets, enabling businesses to leverage their physical assets for funding and promoting economic growth and stability. This collaboration also leverages Lisk L2’s technological strengths, such as enhanced scalability and user experience, crucial for adopting blockchain solutions in markets with varying degrees of technological infrastructure.

About Lisk:
Lisk provides a cost-efficient, fast, and scalable Layer 2 (L2) network secured by Ethereum. With a focus on solving local problems in Emerging Markets, Lisk aims to democratize blockchain accessibility for developers and end users globally. As a member of the Optimism Superchain, Lisk is contributing to onboarding the next 1 billion people to Web3.

About Obligate:
Obligate AG is a Swiss FINMA regulated AML SRO and financial intermediary at the forefront of institutional adoption in on-chain capital markets. The platform offers a secure, transparent, and regulatory compliant environment for the issuance, trading, and lifecycle management of debt instruments on the blockchain. Obligate’s unique architecture caters to institutional investors while lowering barriers for issuers, providing efficient access to multilateral financing.

For more information, contact Dasi Kaplan at [email protected]

This collaboration between Lisk and Obligate signifies a significant step towards enhancing access to decentralized financial services in emerging markets and promoting economic growth through blockchain technology.

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