IoTeX Partners with Fireblocks to Provide Institutional-Grade Security and Accessibility

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."