Xangle is Theta's newest Enterprise Validator
What is Xangle?
Xangle is a leading on-chain data service & solution provider that empowers businesses to thrive in the dynamic web3 landscape that was founded in 2018. They operate South Korea's leading Web3 service provider. Some of their offerings include:
- Blockchain explorers
- Community Hubs
- Industry Reports
Another Xangle example
Xangle teams perform deep dives into Crypto markets and provide that research. Put another way it serves as a crypto data intelligence platform that actively addresses the challenge of information asymmetry in the cryptocurrency market.
Xangle recently opened a new business model, Enterprise Validator roles
They already function as Enterprise Validators for:
- 0G
- APTOS
- Babylon
- Inertia
- and now Theta
This makes Theta's 27th Enterprise Validator out of a Max of 31 Enterprise Validators.
What will Xangle provide for Theta?
Theta firmly believes that Xangle will aid in Theta's blockchain decentralization, governance and security. Additionally increasing Theta's AI and DePIN efforts. I have not found any details on how much Theta nor TFUEL was unlocked for purchase by Xangle. I am curious based on following Theta for over 5-years now... Anyone?
Summary
Theta continues to Dominate the South East Asian markets, and onboarding Xangle as an Enterprise Validator makes both tactical and strategic sense. If my math is correct this makes Theta's 27th Enterprise Validator with only 4 more open slots.
Credits medium.com/Theta = ALL RIGHTS REMAIN