Axelar

Polygon

The Graph

IoTeX

IoTeX, a decentralized physical infrastructure network, and Polygon Labs have announced that IoTeX 2.0 will integrate with AggLayer to power cross-chain communication and liquidity across the DePIN ecosystem. 
Raullen Chai, the chief executive officer and co-founder of IoTeX (<a rel="" href="https://crypto.news/price/iotex/">IOTX</a>), disclosed the partnership on Sept. 17 at the R3al World event in Singapore. 
As the DePIN market experiences <a rel="" href="https://crypto.news/depin-early-stage-fundraising-has-grown-296-yoy-messari/">significant growth</a>, developers have focused on innovations that can enhance communication and cross-chain liquidity. 
 Read more: <a rel="" href="https://crypto.news/solana-depin-surge-render-helium/"> Solana sees DePIN surge with Render, Helium </a> 
<h2 class="wp-block-heading" id="polygon-projects-tap-into-iotex-infrastructure">Polygon projects tap into IoTeX infrastructure</h2> 
AggLayer is a decentralized service designed to connect blockchains, enabling projects on different chains to programmatically distribute rewards. The protocol’s infrastructure promotes efficiency and further scales the $19.7 billion DePIN market, according to a press release shared by IoTeX and Polygon Labs. 
Notably, multiple projects on Polygon (<a rel="" href="https://crypto.news/price/pol-ex-matic/">POL</a>) have integrated IoTeX technology, including CoinFund and Pantera Capital-backed DePIN project GEODNET, and DIMO, a user-owned network that turns users’ car data into assets. 
GEODNET joined IoTeX as it launched the DePIN Liquidity Hub, while DIMO leveraged IoTeX’s layer-2 protocol <a rel="" href="https://crypto.news/iotex-releases-w3bstreams-devnet-reducing-development-time-and-cost-by-10x/">W3bstream</a> for its zero-knowledge proofs concept on data privacy and off-chain computation. 
<h2 class="wp-block-heading" id="iotex-2-0">IoTeX 2.0</h2> 
IoTeX and Polygon Labs first collaborated in 2021, working together on a <a rel="" href="https://crypto.news/iotex-polygon-cross-chain-bridge-bi-directional-token-swaps/">cross-chain bridge</a> and non-fungible token initiative. 
IoTeX released its <a href="https://github.com/iotexproject/files/blob/main/publications/IoTeX_2_0_Whitepaper_1.1_EN.pdf" target="_blank">IoTeX 2.0 whitepaper</a> in July 2024, with the broader goal being a modular blockchain network that accelerates DePIN adoption. IoTeX 2.0 launch partners include Near Protocol (<a rel="" href="https://crypto.news/price/near-protocol/">NEAR</a>), Filecoin (<a rel="" href="https://crypto.news/price/filecoin/">FIL</a>) and RISC Zero. Others are OKX, Axelar and The Graph (<a rel="" href="https://crypto.news/price/the-graph/">GRT</a>). 
 You might also like: <a rel="" href="https://crypto.news/the-graph-upgrades-tooling-for-solana-devs-to-accelerate-dapp-deployment/"> The Graph upgrades tooling for Solana devs to accelerate dApp deployment </a>

IoTeX and Polygon Labs announce IoTeX 2.0 integration with AggLayer

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