Zilliqa has announced a collaboration with Brillion to improve the tokenization of real-world assets, bringing traditional banking closer to the world of
Announcing Brillion as Zilliqa’s trusted wallet partner! Together, we're bringing traditional banking to the world of DeFi. This collaboration will provide a secure and accessible solution for real-world assets, in line with our aim of an easy-to-use blockchain, particularly with the impending Zilliqa 2.0. Brillion's multichain smart wallet will play a key role in this effort, with an initial focus on enabling network requirements for enterprise-scale real-world asset tokenization.
We're also excited to explore how Brillion's solutions can complement metaverse projects being developed within the Zilliqa ecosystem. This integration will ensure that the Zilliqa ecosystem is primed for cutting-edge financial applications that utilize real-world assets.
Additionally, Zilliqa will be participating in Brillion's Early Adopter Program (EAP). This will provide early access to platform features and capabilities, while also offering valuable insights and feedback. This enables Brillion to tailor its platform to the specific needs of Layer-1 and Layer-2 networks, as well as dApps.
At the time of writing, Zilliqa's native token, ZIL, is trading around $0.01609, down 3.64% over the last 24 hours. This performance is indicative of broader market dynamics influencing other cryptocurrencies.
Amongst Zilliqa's competitors, CNF previously reported that the NEAR Protocol's daily active addresses reached an all-time high, increasing by 42% in Q2 2024. Notably, the launch of TokenBridge, which connects the NEAR Protocol and Solana, enhanced blockchain interoperability.
Another leading competitor, Avalanche, joined forces with Folks Finance to bolster cross-chain lending possibilities. These achievements highlight the competitive landscape that Zilliqa operates within, as various blockchain platforms continue to innovate and expand their capabilities.
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