Integration of IoTeX 2.0 with Polygon’s AggLayer

IoTeX and Polygon Labs have announced the integration of IoTeX 2.0 with Polygon’s AggLayer, enhancing cross-chain connectivity and unified liquidity for DePIN projects. IoTeX, a decentralised physical infrastructure network (DePIN) connecting over 18 million devices, will now tap into the AggLayer’s infrastructure, enabling cross-chain communication and liquidity sharing. The AggLayer, known for safely connecting chains, provides a unified bridge across different blockchains, offering advanced tools for success in a multi-chain ecosystem.

Enhancing cross-chain capabilities The integration between IoTeX and Polygon Labs dates back to 2021, focusing on real-world NFT and cross-chain bridge initiatives. With this development, projects on IoTeX’s blockchain can distribute rewards programmatically and allow users to settle on their preferred chain. IoTeX’s DePIN Infrastructure Modules (DIM) Layer empowers DePIN projects to manage identities, scale efficiently, and access the growing DePIN landscape, valued at USD 19.7 billion.