IoTeX Integrates with Fireblocks for Enhanced Security and Accessibility

Tuesday, January 14, 2025 3:15 PM
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IoTeX Integrates with Fireblocks for Enhanced Security and Accessibility cover

IoTeX Integrates with Fireblocks for Enhanced Security and Accessibility

IoTeX, the leading blockchain platform for decentralized physical infrastructure networks (DePIN), has partnered with Fireblocks, an enterprise platform specializing in digital asset operations on blockchain technology. This collaboration aims to make native IOTX and IoTeX-based assets more accessible to institutional investors and enterprises globally. By leveraging Fireblocks’ cutting-edge infrastructure, which includes MPC technology and Intel SGX, institutional users can securely store, manage, and transfer IOTX tokens, ensuring seamless operations at scale.

For centralized exchanges and wallet providers, integrating with Fireblocks offers the tools needed to support IoTeX’s expanding ecosystem. This integration is expected to enhance liquidity, driving the adoption of IoTeX-based assets among a wider range of users and institutions. Raullen Chai, CEO of IoTeX, highlighted the significance of this partnership in bringing institutional-grade security and accessibility to IoTeX’s ecosystem, fostering new liquidity channels and adoption for their tokens.

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