DSRV Joins XDC Network as Institutional Validator

DSRV has joined XDC Network, a global layer-1 blockchain, as an institutional masternode validator.

According to DSRV on September 17, with this entry as a validator, the company will accelerate its on-chain financial business for Korean and Japanese enterprises. Together with SBI XDC Network APAC, with whom they began collaboration in July, DSRV is seeking business opportunities in areas such as trade finance, supply chain management, and digital asset tokenization using the XDC Network.

DSRV will verify transactions on the XDC Network mainnet and support the stable operation of the network. Leveraging its experience operating more than 70 blockchain networks, the company plans to expand its on-chain financial infrastructure business in the fields of trade finance and real-world asset (RWA) tokenization.

Ritesh Kakkad, co-founder of XDC Network, said, "Korea and Japan are important markets in XDC Network's Asia expansion strategy. After establishing a base in Japan through a joint venture with SBI Group, the addition of DSRV has significantly strengthened our infrastructure operation capabilities in the region."

Seo Byungyoon, co-CEO of DSRV, stated, "For enterprises to adopt and operate on-chain financial services, stable blockchain infrastructure operation is essential. With the operational expertise we've accumulated, we will enhance the reliability of the XDC Network and support domestic and overseas companies in building on-chain financial services."

This content was produced with the assistance of AI translation services.