DSRV Joins XDC Network as Institutional Masternode Validator

Blockchain infrastructure company DSRV has joined the global Layer 1 blockchain 'XDC Network' as an institutional masternode validator.

On July 17, DSRV stated it would verify transactions on XDC Network's mainnet and support stable network operations.

XDC Network is designed for enterprises and financial institutions to use in trade finance, payments, and asset tokenization. It is EVM-compatible and emphasizes fast transaction speeds and low fees.

DSRV, which operates over 70 blockchain networks, plans to expand its on-chain financial infrastructure business in trade finance and real-world assets (RWA) based on its experience. Since July, it has been collaborating with SBI XDC Network APAC to explore opportunities in trade finance, supply chain management, and digital asset tokenization using XDC Network.

DSRV Co-CEO Seo Byung-yoon said, 'Stable blockchain infrastructure is crucial for enterprises adopting on-chain financial services,' adding that DSRV aims to enhance XDC Network's stability and assist businesses in building on-chain financial solutions based on its operational experience.

XDC Network Co-founder Ritesh Kakkad stated, 'Korea and Japan are key markets for XDC Network's Asian expansion strategy.' He noted that following the establishment of a joint venture with SBI Group to set up a base in Japan, DSRV's addition strengthens infrastructure operations in Asia.