Xone Chain today announced the results of a formal internal investigation confirming that no verifiable link exists between Xone and Huione.
The Xone team has conducted a comprehensive reviews of governance documents, compliance filings, and blockchain data confirm that Xone Chain operates independently and transparently as a standalone Layer-1 blockchain network.
Public Records Show Independent Operations
All of Xone Chain’s operational data is publicly accessible via its compliance framework, governance portals, and code repositories. The project is operated by XONE Network Ltd., a legally registered entity in the British Virgin Islands (BVI), and maintains regional Local Operating Entities to comply with international regulatory standards.
The company shares that Independent reviewers note that no shared stakeholders, funding channels, or governance participants link Xone to Huione or any related organization. This independence is further validated by the network’s open governance architecture and its transparent disclosure policies.
Transparent Governance and Technical Integrity
Xone Chain utilizes a hybrid governance structure that allows token holders to participate in decision-making through on-chain proposals and verifiable voting mechanisms.
This transparency ensures that every governance action — from funding to protocol changes — can be publicly audited.
From a technical standpoint, Xone’s blockchain integrates EVM compatibility and Cosmos modularity, offering rapid transaction finality and privacy-preserving mechanisms such as zk-SNARKs and stealth addresses.
This focus on verifiable technology, rather than opaque operations, reinforces the project’s independence and credibility.
Xone’s continued efforts in publishing open compliance bulletins, identity-based governance updates, and verifiable developer contributions exemplify its commitment to lawful, transparent operations.
About Xone Chain
Xone Chain remains focused on delivering scalable, compliant, and secure blockchain infrastructure for developers, institutions, and users worldwide. The company reiterates that it has no affiliation with Huione or any money-laundering entity and encourages community members to rely solely on official information sources.
Official Resources:
Website: https://xone.org
Telegram: https://t.me/hello_xonechain
Twitter/X: https://x.com/xone_chain