Through this alliance, eligible institutions operating within the VerifiedX sphere gain the ability to store, manage, and transact digital currencies with heightened security, leveraging Crypto.com’s regulated custodial platform. This is not merely a storage solution; Crypto.com’s service suite brings to the table multi-user permissions, customizable governance workflows, and insured custody options. It is a direct response to the market's intensifying demand for blockchain infrastructure that is at once scalable, cost-effective, and rigorously compliant.
"Crypto.com Custody is specifically engineered to meet the exacting expectations of institutional-grade clients," remarked Eric Anziani, President and COO of Crypto.com. "We are thrilled to be chosen by VerifiedX, a leader in self-custody and digital asset wallet capabilities, to further enhance a well-established custody offering for all client needs."
The VerifiedX Foundation views the collaboration as a critical evolution of their core philosophy. "As the people’s network, the mission is clear—make custody seamless, secure, and globally accessible. Partnering with Crypto.com significantly elevates this very ethos with world-class custody and liquidity infrastructure," the Foundation stated.
By integrating Crypto.com’s regulated custody and OTC trading desks, the network is fortifying its commitment to providing users and institutions the safest, most scalable trajectory for interacting with digital assets across the VFX ecosystem. This partnership propels a global infrastructure forward, embedding liquidity and custody options that support a new generation of builders and users—spanning payments, savings, commerce, and utility—on the VerifiedX network.
This development marks the latest chapter in the synergy between Crypto.com and VerifiedX. It follows their initial collaboration, which integrated Crypto.com Pay and onboarding services directly into VerifiedX’s Switchblade Wallets, creating a frictionless, secure, and scalable experience for both everyday users and developers.
Crypto.com Custody delivers these services to eligible institutions and high-net-worth individuals through a comprehensive, end-to-end solution where security and protection are paramount. Prospective clients interested in the custody offering can submit inquiries at crypto.com/custody.
Crypto.com
Founded in 2016, Crypto.com serves millions of users worldwide and stands as the industry leader in regulatory compliance, security, and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.
VerifiedX
VFX (VerifiedX.IO) is the people’s network. VFX stands as the premier decentralized, fully open-source network that functions simultaneously as a universal Layer 1 and a Bitcoin-specific sidechain/offload chain. Its aim is tokenized self-custody, on-chain storage, and peer-to-peer trading of digital and physical assets. The network’s native coin (VFX) is accessible directly in-wallet, enabling the minting of Verified Bitcoin Tokens (vBTC) with an eternal 1:1 self-custodial peg, coupled with smart contract utility and full asset recovery features for funds.
By providing robust in-wallet and self-custody options for everyday users to plan, transact, save, spend, borrow, and lock away Bitcoin, VFX funds and digital assets serve as the cornerstone of the VerifiedX ethos. As a universal first layer and Bitcoin offload chain, the network drastically reduces ownership costs and friction for daily users and integrators globally, offering multiple layers of convenience, security, and self-custodial empowerment.
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