VerifiedX and Blockdaemon Announce Strategic Partnership to Bring Scalable DeFi Access Globally
VerifiedX and Blockdaemon partnered to integrate institutional DeFi infrastructure into VerifiedX products for accessible consumer use.Summary
VerifiedX (VFX) network and Blockdaemon have formed a strategic partnership to democratize decentralized finance (DeFi) access globally by integrating Blockdaemon's institutional-grade infrastructure into VerifiedX's consumer products, such as the VFX SwitchBlade Wallet and Butterfly social payment platform. This collaboration aims to provide everyday users with seamless, self-custodial access to DeFi capabilities like rewards generation, borrowing, and lending without the technical complexity of traditional Web3 interfaces or the need to manage private keys. Key benefits include embedding institutional-grade staking and node infrastructure, enabling one-tap reward generation on assets like Bitcoin and stablecoins, and simplifying on-chain credit markets. The partnership is built for scale, with future plans including new staking markets, cross-chain liquidity tools, and expanded institutional integration, marking a long-term technical alignment between the two companies.
(Source：BeInCrypto)