Zilliqa and Brillion Team Up to Drive Real-World Asset Applications and Tokenized Asset Management

IconCryptoNewsTerminal Staff25 Jul, 2024

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Zilliqa and Brillion Team Up to Drive Real-World Asset Applications and Tokenized Asset Management

Zilliqa (ZIL), a leading blockchain network, and Brillion, a multi-chain smart wallet specializing in real-world assets (RWA), have announced a partnership. This alliance aims to support financial applications utilizing RWAs, provide robust infrastructure for the management and trading of tokenized assets, and enhance Zilliqa's metaverse initiatives. The partnership will leverage Zilliqa's high throughput and low transaction costs to empower Brillion's RWA-focused applications. Brillion's expertise in tokenizing and managing real-world assets will enable Zilliqa to expand its offerings in the rapidly growing decentralized finance (DeFi) and tokenized asset markets. Additionally, the partnership will explore opportunities within Zilliqa's metaverse initiatives. By leveraging Brillion's experience in digital identity and asset management, the collaboration aims to create innovative solutions for the metaverse, enabling secure and seamless interactions within virtual worlds. "We are excited to partner with Brillion and harness their expertise in real-world assets," said Amrit Kumar, President of Zilliqa. "This partnership strengthens our position in the DeFi and tokenized asset markets, while also opening doors to new opportunities in the metaverse."