IoTeX Receives Strategic Investment from Animoca Brands to Accelerate Global Expansion of Real World AI

IoTeX, the DePIN + AI open ecosystem platform, announced today that it has received a strategic investment from Web3 investment firm Animoca Brands. Going beyond traditional investment, Animoca Brands will also serve as a network validation node and ecosystem partner, working together to drive the scalable application of Real World AI in Asia and globally. As a pioneer in the integration of AI and blockchain infrastructure, IoTeX has been focusing on providing verifiable real-time physical world data for AI systems since 2017, empowering over 100 projects and 40 million devices in areas such as transportation, robotics, energy, and healthcare. With a complete data, identity, and AI technology stack, and collaborations with tech giants like Google, Samsung, and ARM, IoTeX has positioned itself at the strategic high point of the trillion-dollar AI and data economy. The addition of Animoca will accelerate the global commercialization of Real World AI through funding and deep ecosystem collaboration.

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