On the 9th, the blockchain infrastructure corporations Xangle announced that it joins the global blockchain mainnet Theta Network as an enterprise validator.
Theta Network is a global mainnet that provides decentralized cloud infrastructure for artificial intelligence (AI), media, sports, and entertainment. It operates based on over 30,000 distributed edge nodes worldwide and its own blockchain.
Theta has attracted strategic investments from Samsung Next, Sony Innovation Fund, Bertelsmann Digital Media Investments, and Creative Artists Agency (CAA). Global corporations such as Google, Samsung, CAA, and Binance are participating as enterprise validators and commissioners in the governance committee.
With this entry into the Theta ecosystem, Xangle will stake a total of 200,000 Theta (THETA) tokens, contributing to the enhancement of network security and governance as a validator node. It will also actively collaborate in expanding and growing the decentralized physical infrastructure network (DePIN) and the AI ecosystem that Theta is promoting.
Founded in 2018, Xangle is a global web3 infrastructure service provider and a leading research platform in Korea. It offers community hubs, blockchain explorers, and web3 industry analysis reports. It also acts as a validator for major global projects, including Aptos, Babylon, 0G, and Initia.
Lee Hyun-woo, co-CEO of Xangle, noted, "We are very pleased to be listed as an enterprise validator alongside Google, Samsung, and CAA through our strategic partnership with Theta," adding, "Staking in Theta's validator network perfectly aligns with Xangle's goal of enhancing trust, decentralization, and transparency in layer 1 blockchains, which raises our expectations for collaboration."
Mitch Liu, co-founder and CEO of Theta Network, said, "Xangle is an ideal partner with strengths in blockchain analysis, ecosystem development, and go-to-market (GtM) strategies in the Korean market," adding, "We expect significant synergies not only in expanding the adoption of Theta (THETA) and Theta Fuel (TFUEL), but also in enhancing the security and scalability of the Theta blockchain."