IoTeX Joins Blockchain Association to Champion DePIN Growth and Regulation in the US

IoTeX, the leading innovator in Decentralized Physical Infrastructure Networks (DePIN), is excited to announce that it has joined the Blockchain Association, the premier advocacy group representing the crypto industry in Washington, D.C. This strategic move reinforces IoTeX’s commitment to working alongside regulators to ensure the growth of DePIN technology and broader blockchain adoption in the U.S.

DePINs represent a groundbreaking category of blockchain technology that connects real-world devices and infrastructure to the digital world. From IoT-enabled smart devices to tokenized real-world assets, DePIN has transformative potential—but, but its adoption requires regulatory clarity. Raullen Chai, CEO and Co-Founder of IoTeX, remarked:

"Collaboration with policymakers is the cornerstone of building a thriving DePIN and crypto ecosystem. By joining Blockchain Association, IoTeX is bringing its expertise to the table to create clear pathways for DePIN projects to launch and scale without needing to worry about legal grey areas, while ensuring accessibility for all users. Together, we can unlock the full potential of decentralized infrastructure and empower the masses under the guidance of clear regulation."

Blockchain Association, comprising nearly 100 of the industry's leading companies and protocols, works to establish sensible and innovation-friendly regulatory frameworks for blockchain technology. IoTeX plans to actively contribute to working groups within the Association, leveraging its position as a DePIN pioneer to drive meaningful progress in policy discussions.

Dan Spuller, Senior Director of Industry Affairs at the Blockchain Association, added:"We’re thrilled to welcome IoTeX to the Blockchain Association. Their leadership in the DePIN space will bring invaluable insights as we advocate for policies that foster innovation and ensure decentralized networks benefit everyone."

With a strong track record of collaborating with professional organizations like the Industrial Internet Consortium and IEEE, IoTeX is well-positioned to drive impactful dialogues in Washington. This partnership marks a significant step in advancing IoTeX’s mission to connect the physical and digital worlds through decentralized technology.

IoTeX’s contribution will include active participation in several working groups within the Blockchain Association, with a focus on policies that enable DePIN innovation in the U.S. market. This includes addressing key regulatory challenges such as compliance for decentralized networks, ensuring equitable access for users, and supporting the tokenization of physical assets under U.S. law.

About IoTeX

IoTeX is DePIN’s only modular infrastructure platform connecting smart devices and real-world data to blockchains. IoTeX’s data aggregator solution DePINscan provides real-time data on token market caps, transactions, devices connected, and the latest news in the $27.1 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 Crypto.com.