Theta Network
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Theta Network

BridgeTower Capital launches Enterprise Validator Node on the Theta Network

We’re excited to share that BridgeTower Capital, a global blockchain infrastructure and services company, has now launched their own Enterprise Validator Node.

BridgeTower’s validator node can be found at Theta address https://explorer.thetatoken.org/account/0xfAE4EfAD7fcc8e3d76dc53Ee92c91d88FB7388Aa.

BridgeTower Capital is a Blockchain infrastructure and services company providing Blockchain Staking and DeFi products designed to increase the value and revenue generated from staked assets. BridgeTower Capital has developed a global platform to uniquely bring products to its own permissioned markets to seamlessly enable an institutional gateway to staking, DeFi, NFT and Web 3.0 entities. BridgeTower operates more than 5,000 of its own staking nodes and owns servers utilizing 100 percent renewable energy. BridgeTower is a global company based in Singapore with operating entities in Switzerland and the United States allowing it to compliantly address many of the most important jurisdictions in the global economy.

“We have long been supporters of the work Theta initiated in using the blockchain infrastructure to deliver decentralized video streaming in ways that provide both technical and economic advantages,” said BridgeTower Founder and CEO Cory Pugh. “We are proud and honored to be among an elite group of technology and blockchain brands that have deployed an enterprise validator node to help expand the Theta network globally.”

The Theta validator group continues to grow into a diverse cross-section of the different stakeholders in the Theta Ecosystem. The total number of Theta validator nodes is now 24, including:

Media and tech companies (Samsung, Sony, Google, CAA)

Blockchain businesses and investors (Binance, gumi Cryptos, Blockchain, BridgeTower Capital)

Venture capital investors (Sierra, DHVC, Heuristic Capital, Venture Reality Fund, and GFR Fund)

Individuals from the Theta community

Theta Labs

Now that the required THETA stake has been reduced to 200,000 THETA, we expect more validator nodes to come online and further diversify and decentralize the protocol. Watch for a greatly expanded validator pool for Theta blockchain in 2022, and welcome BridgeTower Capital as the latest validator node on Theta blockchain!

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Theta Labs

Theta Labs

Creators of the Theta Network and THETA.tv — see www.ThetaLabs.org for more info!