IoTeX Integrates with Fireblocks: A New Era for Institutional Access to DePIN and AI Tokenization

IoTeX, the leading blockchain platform powering decentralized physical infrastructure networks (DePIN), is proud to announce an integration with Fireblocks, an enterprise platform for managing digital asset operations and building innovative businesses on blockchain. Using Fireblocks, IoTeX’s native Layer 1 blockchain, along with IOTX-native assets, will be accessible to institutional investors and enterprises worldwide.

Fireblocks’ enterprise-grade platform ensures that these digital assets are managed with the highest level of security, leveraging MPC technology, Intel SGX, its signature Policy Engine, and a deposit address authentication network for secure storage, management, and transfer. This opens doors for enterprises already utilizing IoTeX for DePIN data tokenization and decentralized applications, enabling them to scale operations securely and seamlessly.

The integration also significantly benefits centralized exchanges (CEXes) and wallet providers looking to support IoTeX’s growing ecosystem. By adopting Fireblocks’ infrastructure, these platforms can offer enhanced security and efficiency for IoTeX token management. This boost in functionality is expected to increase liquidity and adoption, bringing IoTeX-based assets to a broader audience of institutions and users.

Leadership Insights

Raullen Chai, CEO and Co-Founder of IoTeX, shared his excitement on the development:

“Integrating with Fireblocks brings institutional-grade security and scalability to IoTeX’s ecosystem, enabling new liquidity channels and adoption for our tokens. This underscores our commitment to bridging the worlds of blockchain and real-world DePIN applications. It also opens up new opportunities for enterprises leveraging IoTeX for DePIN data tokenization and decentralized applications.”

What’s Next for IoTeX?

IoTeX is positioning itself as the go-to platform for connecting smart devices, machines, and real-world data to blockchains. Our robust infrastructure, the only DePIN layer supporting DePIN projects on all blockchains, is now further strengthened by Fireblocks’ institutional-grade solutions. Enterprises, custodians, funds, and exchanges can now leverage Fireblocks’ infrastructure to confidently scale their operations, further solidifying IoTeX as a foundational platform for AI and DePIN innovations.

About IoTeX

IoTeX is DePIN’s only modular infrastructure platform connecting smart devices and real-world data to blockchains. IoTeX’s data aggregator solution DePIN Scan provides real-time data on token market caps, transactions, devices connected, and the latest news in the $38.4 billion DePIN ecosystem. As the leading provider of DePIN infrastructure, IoTeX facilitates new rewards from devices and on/off-chain activity for users, turns personal devices into communal economies, and tokenizes the “data of everything.”

Backed by a global team of 60+ research scientists and engineers, IoTeX also combines its EVM-compatible L1 blockchain, off-chain compute middleware, and open hardware to connect billions of smart devices, machines and sensors, and dApps across the physical and digital world. The IoTeX token is listed on major crypto exchanges including Binance, Coinbase, and Upbit. To stay up to date on the latest news in the DePIN ecosystem, subscribe to our DePINWave Newsletter.