XDC Network has welcomed Animoca Brands Corporation Ltd (Unlisted (AU):AB1) as a strategic validator, with the Web3 investment and development group set to operate masternodes on the enterprise-focused blockchain.
XDC said the appointment marked a further step in the development of its institutional validator program, which supports a network used for trade finance, cross-border settlement and real-world asset tokenisation.
Animoca Brands joins an existing validator base that includes Deutsche Telekom, HashKeyCloud, Republic, SBI Holdings and UOB Venture Management.
Institutional infrastructure focus
XDC Network co-founder Atul Khekade said institutional-grade blockchain infrastructure required institutional-grade validators.
“Animoca Brands brings not just credibility to our validator set, but a reach into networks that can accelerate the kind of real-world asset activity and liquidity that XDC was designed to support,” Khekade said.
Shanlong James Chen, head of Asia at XDC Network and head of strategic investments at XVC Tech, said Animoca’s portfolio could potentially support further development on XDC.
Real-world asset opportunity
Animoca Brands VP of investments, strategies and partnerships Samuel Tse said XDC’s track record in trade finance and real-world asset applications made it a compelling infrastructure-level partner.
“This partnership allows us to contribute meaningfully to a blockchain that is solving genuine problems in global finance, while building a position that aligns with our long-term outlook on tokenised assets,” Tse said.
XDC Network is an open-source blockchain protocol designed for international trade and finance, supporting real-world asset tokenisation, stablecoin projects and institutional-grade decentralised applications.