NFT-focused crypto infrastructure provider becomes latest corporate baker for Tezos (XTZ)
The XP.NETWORK team, developers of a pioneering cross-chain NFT-oriented bridge, have joined the ecosystem of Tezos (XTZ) blockchain validators.
XP.NETWORK team becomes newest Tezos (XTZ) corporate baker
According to the joint official announcement shared by XP.NETWORK and Tezos Foundation, the two platforms have entered into a long-term strategic collaboration.
Starting in April 2022, XP.NETWORK joins the ecosystem of Tezos enterprise bakers (XTZ), or validators. Thus, its technical instruments will confirm Tezos (XTZ) transactions and include them in new blocks.
Previously, Tezos (XTZ) was integrated into XP.NETWORK’s family of interconnected blockchains: XP.NETWORK has successfully bridged Tezos NFTs to all major smart contracts platforms, including the likes of Ethereum, Polygon, Avalanche, Elrond, Fantom and Binance Smart Chain.
Nir Blumberger, CEO of XP.NETWORK, stresses the importance of collaboration for the adoption of its platform solutions and for the visibility of its brand:
When we just started our way, XP.NETWORK knew that Tezos is a blockchain we want by our side. We believe this ecosystem is the benchmark many blockchains should aspire toward. We are excited to see what the future holds for this partnership.
Strengthening the Multi-Chain Liquidity Ecosystem for NFTs: What is XP.NETWORK?
The addition of XP.NETWORK to the suite of Tezos validators (XTZ) further strengthens the integrity of this blockchain and advances its performance.
XP.NETWORK is focused on building the technical basis for seamless cross-network value transfer with a focus on the NFT segment. It aims at building borderless systems for NFT enthusiasts from EVM-compatible and non-EVM networks.
Currently, it is already used by a handful of big names in the Web3 and crypto scenes.
