VerifiedX Partners with Crypto.com for Institutional Custody and Liquidity Solution

VerifiedX (VFX) Network has partnered with Crypto.com, which will now provide secure institutional-grade custody and liquidity support for $1.5 billion in assets, along with OTC trading capabilities for eligible institutions using VerifiedX.

Crypto.com's regulated custody platform offers features like multi-user permissions, customizable governance workflows, and insured custody. Eric Anziani, President and COO of Crypto.com, stated that their custody service is designed for institutional clients. The VerifiedX Foundation emphasized that this partnership enhances their mission to make custody seamless and globally accessible by incorporating Crypto.com's regulated infrastructure, supporting users and institutions interacting with the VFX ecosystem for payments, savings, and commerce.

This collaboration builds upon a previous partnership where Crypto.com Pay and on-ramp services were integrated into VerifiedX's Switchblade Wallets for everyday users and developers.

(Source：BeInCrypto)