IoTeX Partners with Fireblocks to Enhance Institutional Token Security
IoTeX Partners with Fireblocks
- Collaboration enhances security for institutional investors managing IoTeX's native tokens (IOTX).
- Integration utilizes Fireblocks’ advanced security tech, including Multi-Party Computation and Intel SGX.
- Improves operational efficiency for businesses using IoTeX for data tokenization and decentralized applications.
- CEO Raullen Chai highlights the commitment to connect blockchain technology with real-world applications.
Market Impact
- IoTeX aims to strengthen its presence in the blockchain-IoT sector by simplifying token support for exchanges and wallets.
- The partnership is expected to boost liquidity within the IoTeX ecosystem.
- Access to Fireblocks Network increases exposure to institutional players and enhances asset security.
- This initiative promotes broader adoption of digital assets for enterprise-level implementations.