VerifiedX and Blockdaemon Announce Strategic Partnership to Bring Scalable DeFi Access Globally

VerifiedX (VFX) community (verifiedx.io), the folks’s community and a decentralized world chief in self-custody and Web3 pockets monetary infrastructure powering institutional and consumer-grade blockchain utility and Blockdaemon (blockdaemon.com), a number one U.S.- headquartered institutional-grade crypto infrastructure firm, as we speak introduced a significant first-mover strategic partnership. Together, Blockdaemon and VerifiedX will now ship a brand new period of accessible, scalable, and safe decentralized finance (DeFi) for on a regular basis customers all over the world.

This collaboration integrates Blockdaemon’s battle-tested institutional tooling immediately into VerifiedX’s merchandise, together with the VFX SwitchBlade Wallet and the Butterfly social cost platform, giving customers seamless entry to rewards, borrowing, lending, and different superior DeFi capabilities, with out the complexity of conventional Web3 interfaces or custody necessities.

Democratizing Blockchain Finance for All

Through this partnership, VerifiedX and Blockdaemon will empower customers to save, spend, pay, earn rewards, and entry credit score in an intuitive, compliant, and totally self-custodial manner.

Key advantages embody:

• Institutional-Grade DeFi for Consumers

Blockdaemon’s staking, node, and liquidity infrastructure, which is utilized by banks, exchanges, and asset managers, will now be embedded immediately into VerifiedX’s user-facing apps. Users acquire entry to the identical professional-grade instruments beforehand reserved for establishments.

• Seamless Reward Generation

Users shall be in a position to generate rewards on Bitcoin, stablecoins, and different supported property immediately inside SwitchBlade and Butterfly, with one-tap actions that summary away technical complexity.

 Borrowing and Lending Made Effortless

• VerifiedX will unlock decentralized borrowing and lending rails, letting customers borrow towards their property and entry on-chain credit score markets utilizing simplified, consumer-friendly interfaces powered by Blockdaemon’s backend.
• Self-Custodial, Frictionless Access

All options stay totally self-custodial and on-chain, the place customers retain possession of their property whereas benefiting from VerifiedX’s common settlement layer and easy UX, and Blockdaemon’s infrastructure.

•  A Unified Financial Experience

These DeFi capabilities will reside inside each the VFX SwitchBlade pockets and the Butterfly social cost app, permitting customers to save and earn rewards, ship cash globally in seconds, pay retailers or buddies, borrow or lend, and maintain crypto or stablecoins.

• Move between fiat and digital property
  All with a username and password, with out managing personal keys, seed phrases, or advanced DeFi dashboards.

A Partnership Built to Scale

The collaboration is designed to develop into rising areas of blockchain finance as VerifiedX and Blockdaemon proceed to innovate. The roadmap consists of:

• New staking and reward producing markets powered by Blockdaemon’s node community
• Cross-chain liquidity instruments optimized for mainstream customers
• Expanded institutional entry so banks, fintechs, and enterprises can combine VerifiedX rails backed by Blockdaemon’s compliance and infrastructure
• Advanced on-chain monetary merchandise, together with tokenized property and high-security settlement rails
• Global scaling, enabling VerifiedX to serve hundreds of thousands of customers with Blockdaemon’s cloud-native, globally distributed structure

Both ecosystems see this as the start of a long-term technical and strategic alignment, with ongoing integration factors throughout wallets, funds, social apps, and decentralized finance.

The VerifiedX Foundation, stated:

“Our pursuit was all the time to make blockchain finance easy, self-custodial, protected, accessible, and usable for everybody. Partnering with Blockdaemon brings institutional-grade infrastructure immediately into the arms of on a regular basis folks with zero friction. Together we’re redefining how customers save, earn, borrow, and pay—with out intermediaries, complexity, or limitations.”

“Our infrastructure has lengthy served establishments that demand precision and reliability. Integrating it into VerifiedX now affords that very same customary to customers, making decentralized finance each safer and extra accessible with out compromising on efficiency or compliance,” stated Demetrios Skalkotos, Chief DeFi and Protocols Officer at Blockdaemon.

About VerifiedX

VerifiedX – VFX (VerifiedX.IO) is the folks’s community, a next-generation decentralized protocol that’s each a common layer 1 and a Bitcoin particular reliever chain, centered on belief, transparency, freedom, independence, and deflationary economics. Through merchandise like SwitchBlade and the Butterfly social cost platform, VerifiedX makes saving, spending, storing, tokenizing,  incomes yield, and accessing credit score easy and user-first—all whereas remaining utterly self-custodial empowering everybody to be their very own financial institution.

Learn extra at VerifiedX.io

About Blockdaemon

Blockdaemon is the institutional gateway to Web3, securing over $110B in digital property for 400+ establishments, together with exchanges, custodians, crypto platforms, and monetary enterprises. Blockdaemon affords institutional-grade blockchain infrastructure spanning nodes, APIs, staking, MPC wallets and vaults. Since 2017, its globally distributed infrastructure ensures unmatched safety, compliance, and scalability. For extra info go to: www.blockdaemon.com

Media Contact 

dev@verifiedx.io

Blockdaemon
Hanna Tantoco

press@blockdaemon.com

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