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CoinGape 2025-01-25 10:42:12

XDC Network Attracts More Institutional Masternode Partners

Operational since 2019, XDC Network is a highly efficient, enterprise-grade Layer 1 blockchain built to support trade finance, real-world asset (RWA) tokenization, cross-border payments, and decentralized applications. Seeking robust and decentralized infrastructure, XDC Network has long-welcomed globally renowned masternode validators. After onboarding institutions such as Deutsche Telekom, GSR, and SBI as masternode validators, the XDC Network sets its sights on further masternode support to bolster the network’s security, reliability, and credibility while paving the way for mainstream adoption. Institutional-grade validators bring unparalleled operational expertise, robust infrastructure, and adherence to compliance standards, critical for ensuring trust and transparency in blockchain networks. Its long-standing partner, SBI, has established a joint venture in Japan to help expand XDC Network’s footprint in Asia. With big players at the helm, the XDC Network can further expand its appeal to banks, governments, and enterprises by showcasing institutional-grade validation that aligns with global standards. These participants also enhance the network’s reach and scalability, enabling it to handle the demands of trade finance, cross-border payments, and RWA tokenization at scale. GSR, a Web3 VC and market maker, is one of the DePin partners on the XDC Network. GSR’s Managing Director, Alain Kunz, said, “Running Masternodes on XDC Network is our commitment towards supporting the blockchain’s robustness. We look forward to partnering with XDC in building its ecosystem of institutional validators.” Added Chen Shanlong, the General Manager of XVC Tech, the VC arm of XDC Network, “Institutional masternodes form the foundation of our network. We look forward to adopting a broad-based institutional partnership approach to increase the use cases of our L1 blockchain across multiple industries.” XVC Tech is the venture capital entity established to support and fund innovative projects building on the XDC Network. It has invested in numerous successful startups and has helped them transition to the next stage of growth, solidifying its role as a key enabler in the blockchain ecosystem. Optimistic Outlook for 2025 Going forward with President Donald Trump in office, cryptocurrencies, in general, are adopting an optimistic outlook. Naturally, XDC Network has ample opportunities in the year ahead. Ritesh Kakkad, co-founder of the XDC Network, said, “For 2025, we are executing on a strategic blueprint to continue the momentum of institutional and retail adoption of our network. An integral part of this plan is our DePin institutional partnerships to power the network and be well prepared for institutional / government adoption.” The XDC Network blockchain has 108 Masternodes and 256 StandBy Masternodes, with 10 Million $XDC required to setup each Masternode . Institutional staking partners include Ankr, Blockdaemon, and Goldsky. XDC Network is building the foundation for a blockchain ecosystem that meets the highest security, scalability, and efficiency standards. The involvement of globally renowned institutions, which include itsMasternode Validators, strengthens the network’s credibility and enhances its ability to cater to enterprise-level applications. XDC Network has also recently announced the XDC 2.0 upgrade and Subnets, which offer enhanced security with advanced validator consensus, quicker block finality for ultra-fast transactions, and Subnets / Private Networks that are both private and customisable, meeting the needs of banks, governments, and other institutions. The post XDC Network Attracts More Institutional Masternode Partners appeared first on CoinGape .

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