Fuse, a leading blockchain platform, has announced an innovative partnership with Liqwith. This collaboration aims to transform asset tokenization for businesses. It provides a streamlined and cost-effective solution for managing energy credits, financial products and kilowatt hours (kWh).
This collaboration leverages Fuse’s fast and affordable blockchain infrastructure. By doing this, the partnership aims to improve liquidity, transparency and compliance for companies around the world. Fuse is a low-cost blockchain platform designed for fast web3 payments. The other partner, Liqwith, is a SaaS provider specialized in tokenizing financial products and real-world assets (RWAs).
Fuse’s infrastructure improves tokenization
Liqwith has the expertise in facilitating asset tokenization and connects seamlessly with Fuse’s robust Ethereum Virtual Machine (EVM), a compatible blockchain network. Liqwith helps companies with fundraising, provides shareholder liquidity and tokenizes risk-weighted assets such as energy contracts.
As a compatible partner, Fuse’s infrastructure ensures secure, fast and scalable transaction processing. Thanks to this synergy, both companies can present a uniform solution. The solution simplifies blockchain adoption and solves interoperability issues in financial institutions.
Fuse’s low transaction costs and high scalability make it the ideal partner for Liqwith’s SaaS customers. The infrastructure enables efficient management of tokenized assets. It also supports seamless integration with decentralized applications (dApps). Together they create a one-stop shop for companies looking to use blockchain technology for tokenization and asset distribution.
An innovative milestone for Blockchain adoption
Mark Smargon, CEO of Fuse, emphasized the importance of this collaboration. He said: “Liqwith’s approach to tokenizing real-world assets aligns well with Fuse’s goal of making blockchain technology more accessible to businesses. Together we hope to provide faster, more efficient and cost-effective solutions for financial transactions.”
Edwin van der Hooft, COO of Liqwith, echoed this sentiment. He stated: “By integrating Fuse’s blockchain, we can offer our customers a more streamlined solution. This collaboration strengthens our ability to provide tokenization services for energy contracts, shareholder liquidity and fundraising.”
The partnership combines Liqwith’s expertise in tokenization with Fuse’s efficient blockchain infrastructure. By doing this, the alliance aims to accelerate the adoption of tokenized financial products. This initiative enables companies to unlock value and generate new opportunities. It further marks an important step towards broader blockchain integration into centralized financial processes.
Credit : cryptonews.net
