San Francisco, March 11, 2025 /PRNewswire/ — IoTeX, the industry leader in building blockchain technology decentralization The Physical Infrastructure Network (DePIN) announced that Korean blockchain infrastructure company Xangle will join as a validator of the network. With Xangle’s participation, IoTeX expects to further promote community-led ecosystem expansion and technical stability.
Xangle is a blockchain research and infrastructure company that provides ecosystem-oriented community hubs, explorers, and Web3 analytical reports. Since 2018, Xangle has operated Xangle Portal, the leading Web3 platform in Korea. Recently, Xangle has expanded its role in the Web3 space, actively participating as a validator for major global blockchain projects such as ApartmentsBabylon and Enetia.
In 2024, IoTeX acquired Leadership role In the DePIN sector, as a result of these efforts, the IoTeX network has processed more than 150 million transactions and 340 million blocks, recording an annual growth rate of more than 25%. Moreover, there are more than 360 million IOTX tokens, accounting for about 40% of the total supply, enhancing network security and management. These achievements have strengthened IoTeX’s position as a leading infrastructure provider in the DePIN space.
Meat for meXangle Co-CEO said, “Our involvement as an IoTeX validator goes beyond just validating the network – it represents a key milestone in making innovative Web3 infrastructures like DePIN more accessible to users and accelerating their mainstream adoption. By leveraging our expertise in community hubs, explorers, and ecosystem-focused research, Xangle will enhance the credibility and visibility of the IoTeX network while actively contributing to the sustainable expansion and growth of the DePIN ecosystem.”
“At IoTeX, we are committed to building the most robust and transparent DePIN ecosystem, and Xangle’s participation as a validator is a testament to this vision,” he commented. Jing Sunco-founder of IoTeX. “Their expertise in blockchain infrastructure and data integrity will further enhance the stability of our network while driving mainstream adoption of Web3.”
About iotex
iotex It is the only standard DePIN infrastructure platform that connects smart devices and real-world data to blockchains. As the leading DePIN infrastructure provider, IoTeX facilitates new rewards of devices and on/off-chain activities for users, turns personal devices into collective economies, and tokenizes “everything data.”
About Xangel
Xangle is Korea’s leading provider of research and infrastructure for Web3 Xangel portalthe most representative Web3 platform in the country with a user base of more than 400 thousand users. Since 2018, Xangle has built trust by connecting blockchain projects with users through research, analytics, and enterprise-level infrastructure. Its main offerings include a Go-to-market strategy in Korea,custom Blockchain explorers Along with white-labeled, institutional-level community centres Auditor services.
Media Contact:
Ralph Sun
Public Relations Manager
[email protected]
View original content for multimedia download:https://www.prnewswire.com/news-releases/iotex-welcomes-xangle-as-validator-to-accelerate-depin-ecosystem-expansion-302399141.html
Source: iotex
