Road Town, BVI, October 22nd, 2025, Chainwire

Xone Chain has issued a formal statement to address unsubstantiated online claims attempting to associate the project with Huione. After an internal comprehensive review of governance records, public filings, and blockchain data, Xone team confirms that no relationship of any kind exists between the two entities.

The Xone Team says that Industry analysts and data verifiers have found no shared infrastructure, funding mechanisms, or governance links between Xone and Huione. The rumors, according to the company, are entirely unfounded and appear to have originated from unverified social media commentary rather than credible sources.

Independent Blockchain Architecture and Legal Structure

Xone Chain is an independent Layer-1 blockchain network operating under XONE Network Ltd., an entity incorporated in the British Virgin Islands (BVI). The project manages Local Operating Entities (LOEs) across various jurisdictions to ensure compliance and transparent community participation.

All operational, financial, and governance activities are publicly documented through Xone’s official compliance bulletins and network repositories.

The project’s Compliance Framework establishes strict boundaries for jurisdictional participation, brand usage, and disclosure — ensuring lawful, auditable operations at every level.

No Evidence Supporting Allegations

Xone’s codebase, validator network, and governance systems are fully transparent.

The team...

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