[IoTeX cooperates with Polygon Labs to integrate with AggLayer to achieve cross-chain DePIN liquidity] Golden Finance reported that the decentralized physical infrastructure network IoTeX is working 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 expansion opportunities through AggLayer," said Sandeep Nailwal, co-founder of Polygon. "By providing a dedicated platform that seamlessly connects to different ecosystems, these projects are able to thrive in a multi-chain world."

#MATIC