Cincinnati, OH – 10XTS, a leader in digital asset tokenization technology, is proud to announce its partnership as a founding partner with Conduit Network. This is the culmination of two years of planning and development. The strategic alliance marks a significant milestone in 10XTS’ journey, as the company will eventually merge its innovative technology and intellectual property into the Conduit Network. This collaboration aims to propel the development of Asset Tokenization 2.0, with Conduit Network at the core of 10XTS solutions offerings.
Conduit Network, a groundbreaking Decentralized Physical Infrastructure Network (DePIN), is designed to create a high-trust, decentralized infrastructure that facilitates secure, transparent, and scalable digital asset management. By joining forces with Conduit Network, 10XTS will bring its advanced tokenization technology to the network, contributing to the collective intellectual property alongside other pioneering founding partners.
“Joining Conduit Network as a founding partner is a transformative step for 10XTS,” said Michael Hiles, CEO of 10XTS, “We are excited to contribute our cutting-edge tokenization technology to this revolutionary platform and collaborate with other industry leaders to build the future of Asset Tokenization 2.0. This partnership aligns perfectly with our vision of creating a more secure, transparent, and decentralized financial ecosystem.”
As part of this merger, along with several other founding company partners, the 10XTS team will be deeply involved in the core network development and leadership of Conduit Network. This collaboration will ensure that 10XTS expertise in asset tokenization is fully integrated into Conduit Network’s platform, enhancing its capabilities and expanding its offerings.
Key highlights of the partnership include:
- Merging of IP: 10XTS will merge its intellectual property, including its tokenization technology, into Conduit Network, contributing to the collective IP pool that will drive the network’s innovation and growth.
- Asset Tokenization 2.0: 10XTS will provide Asset Tokenization 2.0 solutions, leveraging Conduit Network’s advanced infrastructure to deliver secure, compliant, and scalable digital asset management tools to the market.
- Leadership & Development: The 10XTS team will join Conduit Network’s core development and leadership, playing a pivotal role in shaping the future direction of the network and its offerings.
Conduit Network’s unique architecture, which includes decentralized hardware, temporal ledgers, and military-grade security, aligns perfectly with the 10XTS mission to advance the digital asset tokenization landscape. Together, the companies will work to build a robust, decentralized infrastructure that meets the evolving needs of modern financial systems and regulatory environments.
The partnership between 10XTS and Conduit Network is poised to redefine how digital assets are managed, secured, and transacted in the global economy. By joining forces, the network will lead the next wave of innovation in decentralized finance, paving the way for a more transparent, secure, and efficient digital economy.
About Conduit Network
Conduit Network is a Decentralized Physical Infrastructure Network (DePIN) designed to create a high-trust, decentralized ecosystem for digital assets. By leveraging advanced technologies such as temporal ledgers, decentralized hardware, and military-grade security, Conduit Network provides a robust, secure, and scalable platform for the future of digital asset management.