As a seasoned crypto investor with years of experience under my belt, I’ve seen the landscape evolve from a niche market to a global phenomenon. The collaboration between Fuse Network and Liqwith is a testament to the growing maturity of this industry, and it’s exciting to witness such strategic partnerships that could reshape the future of finance.
Fuse, an EVM-compatible blockchain for Web3 payments, recently revealed its partnership with Liqwith – a service-based platform for RWA tokenization. This collaboration aims to simplify and optimize the process of tokenizing RWAs for businesses.
Fuse Network onboards Liqwith for new RWA developments
As per a combined announcement by Fuse, a blockchain platform primarily designed for payment applications within the Web3 environment, and Liqwith, a service that offers tokenization for both financial goods and real-world assets, they have joined forces. This collaboration will facilitate the tokenization of energy credits, financial products, and kilowatt hours (kWh) on the Fuse Network.
In the rapidly expanding field of finance, it’s becoming increasingly clear that tokenization will play a significant role. With an estimated market value of $186 billion and a year-to-date growth rate of 32%, RWAs (Receivables, Warrants, and Assets) tokenization is set to be the next major development in global liquidity. Fuse, as a leading player, is spearheading this transformation.
— Fuse Network (@Fuse_network) December 5, 2024
Liqwith assists businesses-to-business entities in obtaining funds, facilitating shareholder liquidity, and tokenizing real-world assets such as energy contracts. Its multi-blockchain strategy is inherently compatible with the sturdy, open-source structure of Fuse, making it the primary blockchain partner for Liqwith’s Software-as-a-Service (SaaS) clients, providing robust infrastructure support.
By combining the strengths of both brands, we’re building a unified platform that offers asset tokenization and distribution in one convenient location. Our aim is to enhance the efficiency and scalability of our tokenization services through this collaborative effort.
Fuse’s infrastructure that is compatible with Ethereum Virtual Machine facilitates swift and safe transactions, making it simpler for businesses to adopt blockchain technology. It addresses the issue of compatibility between different financial institutions by solving interoperability problems.
Mark Smargon, as CEO of Fuse, expresses enthusiasm about the wide array of possibilities that this new collaboration opens up within the entire sector of RWA tokenization.
Liquiwit’s method for tokenizing tangible assets complements Fuse’s objective of simplifying blockchain usage for businesses. By combining our efforts, we aim to deliver quicker, more streamlined, and less expensive financial transaction systems.
Consequently, the collaboration between Fuse and Liqwith aims to provide Real-World Assets (RWAs) at an affordable price point and accessibility to a global audience who have yet to experience them.
Cost-effective solutions for RWA adoption in DeFi
As a researcher at Liqwith, I’m thrilled to underscore the profound advantages this partnership holds for our product. Technologically speaking, it significantly boosts our capabilities, while the potential for widespread adoption is truly immense.
By incorporating Fuse’s blockchain technology, we can provide our clients with a smoother, more efficient service. This partnership enhances our capabilities in offering tokenization solutions for energy agreements, stock liquidity, and fundraising endeavors.
By blending Liqwith’s knowledge in tokenization with Fuse’s swift transaction system, we can speed up the process of enhancing tokenization abilities. This collaboration will empower companies to create substantial worth in international markets.
In the fourth quarter of 2024, Fuse Network recorded several achievements across the areas of community, technology, and economy. Notably, in October, their FUSE token was introduced on Bitget, a prominent centralized cryptocurrency exchange.
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2024-12-09 17:36