Back to News

IoTeX Enters a Strategic Partnership with Depin X

Twitter icon  •  Published 3 months ago  •  Hassan Maishera

On Monday, the IoTeX team announced via X that it has partnered with Depin X, a crypto-native VC-funded firm.

On Monday, the IoTeX team announced via X that it has partnered with Depin X, a crypto-native VC-funded firm. They seek to revolutionize the DePIN space by combining Depin X’s expertise in supporting early-stage projects with IoTeX’s cutting-edge modular blockchain platform.

Depin X drives blockchain innovation by supporting early-stage DePIN projects through strategic investment, technical support, and resource sharing. They will collaborate to provide technical support, investment, and FA service to drive innovation and expand the application of blockchain projects.

IoTeX's mission is to be a privacy-centric blockchain managing the entire information lifecycle of an Internet of Things (IoT) network, including data collection, transport, storage, and utilization. IOTX is down 1% today and is currently trading at $0.03770. 

Next article Tether Halts Support for EURT Stablecoin Citing MiCA Regulations

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.