XP.NETWORK Achieves Corporate Baker Status in Tezos Ecosystem (XTZ)

Vladislav Sopova

NFT-Focused Crypto Infrastructure Provider Becomes the Latest Business Baker for Tezos (XTZ)


XP.NETWORK Team Becomes Latest Tezos (XTZ) Business BakerStrengthening the Multi-Chain Liquidity Ecosystem for NFTs: What is XP.NETWORK?

The XP.NETWORK team, developers of a pioneering cross-chain NFT-oriented bridge, has joined the ecocystem of Tezos (XTZ) blockchain validators.

XP.NETWORK Team Becomes Latest Tezos (XTZ) Business Baker

According to the joint official announcement shared by XP.NETWORK and Tezos Foundation, the two platforms have entered into a long-term strategic partnership.

Starting April 2022, XP.NETWORK will join the ecosystem of Tezos (XTZ) business bakers or validators. Thus, the technical instruments will confirm Tezos (XTZ) trades and record 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 Ethereum, Polygon, Avalanche, Elrond, Fantom, and Binance Smart Chain.

Nir Blumberger, CEO of XP.NETWORK, emphasizes the importance of the collaboration for the adoption of his platform’s solutions and for the visibility of his brand:

When we were just getting started, XP.NETWORK knew that Tezos is a blockchain we want by our side. We believe that this ecosystem is the benchmark that many blockchains should strive for. 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 (XTZ) validators further strengthens the integrity of this blockchain and boosts its performance.

XP.NETWORK is focused on building the technical foundation for seamless cross-network value transfer with a focus on the NFT segment. It aims to build borderless systems for NFT enthusiasts from EVM compliant and non-EVM networks.

Currently, it is already being used by a group of big names from the Web3 and crypto scenes.

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