IoTeX Partners with Fireblocks to Provide Institutional-Grade Security and Accessibility
Summary
- IoTeX announced that through its partnership with Fireblocks, institutional investors and companies can now easily access assets based on the IoTeX blockchain.
- With this integration, IoTeX's native token IOTX and its underlying assets can now be securely stored, managed, and transferred through advanced infrastructure.
- The CEO of IoTeX emphasized that this partnership is a significant advancement in expanding token liquidity channels and connecting blockchain with the real world.
IoTeX, a company building a Decentralized Physical Infrastructure Network (DePIN), has partnered with the digital asset platform Fireblocks.
On the 15th (local time), IoTeX announced that it has integrated Fireblocks into its Layer 1 blockchain. Fireblocks is an enterprise platform that helps manage digital asset operations and build businesses based on blockchain technology. Through this collaboration, institutional investors and companies worldwide can now more easily access IoTeX's native token IOTX and assets based on the IoTeX blockchain.
IoTeX can now securely store, manage, and transfer native IOTX and IoTeX-based tokens by leveraging Fireblocks' advanced infrastructure.
Raullen Chai, CEO of IoTeX, emphasized, "By utilizing Fireblocks, we are providing institutional-grade security and accessibility to the IoTeX ecosystem, expanding token liquidity channels and adoption. This is a significant advancement that demonstrates our commitment to connecting blockchain with real-world DePIN applications."
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