IoTeX partners with Polygon Labs to integrate with AggLayer for cross-chain DePIN liquidity

Decentralized physical infrastructure network IoTeX is partnering with Polygon Labs to integrate its IoTeX 2.0 blockchain with AggLayer. The move aims to leverage AggLayer's cross-chain communication and liquidity sharing to enable IoTeX-based projects to distribute rewards and allow users to settle on the chain of their choice.
"This integration not only enhances cross-chain capabilities for DePIN projects through AggLayer, but also unlocks unprecedented liquidity and scaling opportunities through AggLayer," said Polygon co-founder Sandeep Nailwal. "By providing a dedicated platform that seamlessly connects with different ecosystems, these projects are able to thrive in a multi-chain world."