According to Odaily Planet Daily, EMURGO, a blockchain technology company focusing on Cardano, announced a strategic partnership with Zilliqa Group. Zilliqa Group is a Web3 and metaverse venture capital institution for the luxury and entertainment industries, using Web3 technologies such as the Zilliqa blockchain.

The collaboration focuses on enhancing network interoperability and user traffic between the two ecosystems, strengthening interoperable liquidity channels, leveraging Cardano-related Web3 technology provided by EMURGO for the tokenization of luxury assets on Zilliqa, and supporting Cardano’s distributed governance by joining and participating in Intersect community-led initiatives.