Hassan Maishera
On Tuesday, the IoTeX team announced via a blog post that they have integrated with Fireblocks, an enterprise platform for managing digital asset operations and building innovative businesses on blockchain.
Using Fireblocks, IoTeX’s native Layer 1 blockchain, along with IOTX-native assets, will be accessible to institutional investors and enterprises worldwide. The integration empowers enterprises already utilizing IoTeX for DePIN data tokenization and decentralized applications to scale operations securely and seamlessly.
It also significantly benefits centralized exchanges (CEXes) and wallet providers looking to support IoTeX’s growing ecosystem. By adopting Fireblocks’ infrastructure, these platforms can offer enhanced security and efficiency for IoTeX token management. This boost in functionality is expected to increase liquidity and adoption, bringing IoTeX-based assets to a broader audience of institutions and users.
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 up 1% today and is currently trading at $0.03593.
