Crypto.com to Provide Custody and Liquidity for $1.5B in VerifiedX Assets
What Does the VerifiedX–Crypto.com Partnership Deliver?
VerifiedX, a decentralized Layer 1 network and BTC sidechain, has selected Crypto.com to provide institutional-grade custody and liquidity services for 1.5 billion dollars in digital assets. The partnership gives institutions operating on the VerifiedX network access to Crypto.com’s regulated custody infrastructure, including cold storage, compliance workflows and asset-governance tools.
Crypto.com will also supply over-the-counter trading services to support liquidity across the VerifiedX ecosystem. The deal marks the second major integration between the two firms this year, following a payments partnership announced in late September.
Eric Anziani, president and COO of Crypto.com, said the firm’s custody product is built for the standards expected by institutional clients. He described VerifiedX as a leader in self-custody and strengthens its ability to serve network participants.
Investor Takeaway
Why VerifiedX Is Expanding Its Institutional Infrastructure
VerifiedX, formerly known as ReserveBlock, positions itself as a universal Layer 1 that simultaneously functions as a BTC sidechain. The network’s architecture allows users to mint Verified BTC (vBTC) with a 1:1 self-custodial peg, enabling BTC-backed activity within a programmable ecosystem.
The network has been building out its institutional stack, including:
- Self-custodial wallet frameworks for individual and enterprise users.
- VFX SwitchBlade Wallet integrations supporting fiat purchases via Crypto.com.
- Cross-network liquidity flows through Crypto.com Pay and other payment tools.
The new custody agreement targets institutions that require regulated cold storage and governance, which are often mandatory for funds, asset managers and treasury desks working with tokenized BTC or Layer 1 assets.
VerifiedX’s dual role as a sidechain and independent network gives it a potential advantage among BTC-aligned ecosystems looking to scale programmability without compromising self-custody.
How the New Partnership Builds on Earlier Integrations
The custody announcement follows the first VerifiedX–Crypto.com collaboration in September. That integration allowed users of VerifiedX’s SwitchBlade Wallet to purchase VFX and other with fiat currencies, as well as transact with merchants and decentralized applications through Crypto.com Pay.
The first partnership expanded retail access. The .
Together, they create a vertically aligned flow:
- Consumer access: fiat on-ramps, merchant payments and VFX purchasing.
- Institutional access: regulated custody, governance tooling and OTC liquidity.
- Network-level liquidity: deeper order execution for large-scale transactions.
VerifiedX said the ability to offer trusted, compliant custody is essential for onboarding banks, fintechs and corporates building applications on the network.
Investor Takeaway
Market Reaction: VFX Token Surges
Following the announcement, the VerifiedX native token VFX jumped nahead 70 percent. The surge reflects investor expectations that the partnership will unlock larger-scale enterprise activity and attract developers viewking a BTC-linked ecosystem with institutional support.
The jump also follows a broader trend: networks that often view improved confidence from both retail and professional traders. With 1.5 billion dollars in assets now under institutional-grade storage, VerifiedX is signaling it intends to compete among higher-tier blockchain platforms.
What Comes Next for VerifiedX?
The partnership positions VerifiedX as a hybrid network bridging BTC’s monetary base with a more programmable environment. Upcoming focus areas likely include:
- Expanding vBTC adoption for applications requiring BTC-backed assets.
- Improving institutional onboarding through custody, governance and treasury tooling.
- Boosting developer integrations aligned with self-custodial and BTC-centric design.
- through OTC and on-chain mechanisms.
If institutions begin using VerifiedX for BTC-backed settlement, enterprise wallets or tokenized assets, the network could carve out a diverseiated position in the expanding multi-chain BTC economy.
