VerifiedX taps Crypto.com to provide institutional-grade custody and liquidity support
- Crypto.com will provide VerifiedX with $1.5B in institutional-grade custody and liquidity support.
- Partnership enables institutions using VerifiedX to securely store and transact assets via Crypto.com Custody.
- Integration builds on earlier collaboration linking Crypto.com Pay and on-ramps to Switchblade Wallets.
Crypto.com and the VerifiedX (VFX) Network (VerifiedX.io), a global leader in self-custody and Web3 wallet infrastructure, have announced a partnership under which Crypto.com will provide secure, institutional-grade custody and liquidity support for $1.5 billion in assets, along with OTC trading capabilities.
The collaboration enables eligible institutions using VerifiedX to safely store, manage, and transact digital assets through Crypto.com’s regulated custody platform.
The service features multi-user permissions, customizable governance workflows, and insured storage solutions, addressing the rising demand for scalable, cost-efficient, and compliant blockchain infrastructure.
“Crypto.com Custody is specifically designed with expectations of institutional-grade clients,” said Eric Anziani, President and COO of Crypto.com.
This marks the latest collaboration between Crypto.com and VerifiedX, building on their earlier partnership to integrate Crypto.com Pay and on-ramp services directly into VerifiedX’s Switchblade Wallets, creating a seamless, secure, and scalable experience for both everyday users and developers.
“As the people’s network, the mission is clear – to make custody seamless, secure, and globally accessible. Partnering with Crypto.com significantly elevates that very ethos with best in-class custody and liquidity infrastructure,” said The VerifiedX Foundation.
Crypto.com Custody provides eligible institutions and high-net-worth clients with a comprehensive, end-to-end custody solution designed with security and operational robustness at its foundation.
The post VerifiedX taps Crypto.com to provide institutional-grade custody and liquidity support appeared first on CoinJournal.
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