Leading blockchain platform IoTeX announced that it has received a strategic investment from Animoca Brands to strengthen its vision of merging artificial intelligence with real-world data. This collaboration will accelerate IoTeX’s global growth while contributing to the adoption of Web3-powered AI applications.
As part of the new agreement, Animoca Brands will join the project not only as an investor but also as an IoTeX network validator and ecosystem partner. This move is seen as a critical step toward enhancing the network’s security, decentralization, and long-term sustainability.
AI Powered by Real-World Data
Since its launch in 2017, IoTeX has attracted attention with its infrastructure that powers more than 100 projects and 40 million devices across industries such as mobility, energy, healthcare, robotics, and beyond. The company’s innovations — including the decentralized identity solution ioID, the $IOTX token, and the Quicksilver AI data framework — enable developers to create AI solutions integrated with the real world.
Investor Confidence: Multi-Million Dollar Backing
IoTeX has raised over $70 million to date with the support of leading investors such as SamsungNext, Draper Dragon, Jump Crypto, and HashKey Capital. The addition of Animoca Brands strengthens IoTeX’s positioning in the multi-trillion-dollar AI and real-world data market.
Official Statements
Yat Siu, Co-Founder and Executive Chairman of Animoca Brands:
“IoTeX is at the forefront of the growing demand for real-time AI data. We see tremendous potential in IoTeX’s vision, and we are excited to support not only as an investor but also as an active participant in securing the network.”
Raullen Chai, Co-Founder and CEO of IoTeX:
“IoTeX is transforming AI from being isolated from the real world to becoming integrated with physical environments. Animoca Brands’ investment and validator role will accelerate this revolution at the intersection of Web3 and AI.”
The strategic partnership with Animoca Brands will accelerate IoTeX’s global expansion, support innovations at the intersection of AI and blockchain, and position IoTeX as a leading platform for real-world data.
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