EMURGO connects the Zilliqa ecosystem to the Cardano ecosystem through a variety of interoperability and economic security-focused initiatives. SINGAPORE , Sept. 17, 2024 /PRNewswire/ -- EMURGO, a blockchain technology company that facilitates commercial adoption of the Cardano blockchain, today announced a strategic partnership with the Zilliqa Group, a Web3 and metaverse venture builder for the luxury and entertainment industries that leverages leading-edge Web3 technologies across its ventures, including the Zilliqa blockchain.
The partnership focus extends beyond interoperability between the Cardano and Zilliqa blockchains and will also include mutual collaboration in the following areas: Enhance network interoperability and user flow between both ecosystems. Strengthen the economic security of respective networks by bolstering interoperable liquidity channels. Leverage Cardano -related Web3 technologies provided by EMURGO, including stablecoins and headless wallet infrastructure to apply to the tokenization of luxury assets on Zilliqa.
Support Cardano 's distributed governance by joining and participating in Intersect's community-led initiatives. As part of this strategic collaboration, Zilliqa Group will join Intersect ( Cardano governance member-based organization), and become a part of Cardano 's globally distributed community in helping to shape Cardano 's governance processes. A strategic bridge will also be implemented between the Zilliqa and Cardano protocols to e.