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IoTeX Integrates with Fireblocks to Scale Institutional DePIN Operations
IoTeX has announced its partnership with Fireblocks. The collaboration will allow institutional investors and businesses to store, manage, and transfer IoTeX’s native tokens (IOTX) more securely and efficiently.
According to IoTeX, the integration uses Fireblocks’ advanced security technology. This includes features like Multi-Party Computation (MPC), Intel SGX, and a robust Policy Engine. This system ensures high security for digital asset transactions. Thus, the collaboration also opens up new possibilities for businesses using IoTeX for DePIN data tokenization and decentralized applications, ensuring smooth and secure operations.
Raullen Chai, CEO and co-founder of IoTeX, noted that by using Fireblocks, they are enhancing the security and accessibility of its ecosystem to meet institutional standards. He added that this further demonstrates the company’s commitment to connecting b
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