- Crypto.com will provide VerifiedX with $1.5 billion in institutional-grade custody and liquidity support.
- The partnership will enable institutions using VerifiedX to securely store and trade assets via Crypto.com Custody.
- The integration builds on previous collaborations linking introductions to Crypto.com Pay and Switchblade wallets.
Crypto.com and VerifiedX (VFX) Network (VerifiedX.io), a global leader in self-custody and Web3 wallet infrastructure, announced a partnership in which Crypto.com will provide secure, institutional-grade custody and liquidity support and OTC trading capabilities for $1.5 billion in assets.
The partnership will enable eligible institutions using VerifiedX to securely store, manage and trade digital assets through Crypto.com’s regulated custody platform.
The service features multi-user permissions, customizable governance workflows, and guaranteed storage solutions to meet the growing demand for scalable, cost-effective, and compliant blockchain infrastructure.
Eric Anziani, President and COO of Crypto.com, said:
“We are pleased to have been selected by VerifiedX, a leader in self-custody and digital asset wallet capabilities, to further enhance our established custody services that meet all of our clients’ needs.”
This marks the latest collaboration between Crypto.com and VerifiedX, building on their previous partnership to integrate Crypto.com Pay and OnRamp services directly into VerifiedX’s Switchblade wallet, creating a seamless, secure and scalable experience for both everyday users and developers.
“As a network of people, our mission is clear: to make custody seamless, secure, and globally accessible. Our partnership with Crypto.com greatly advances that very ethos with our best-in-class custody and liquidity infrastructure,” VerifiedX Foundation said.
Crypto.com Custody provides covered institutions and high-net-worth clients with a comprehensive end-to-end custody solution designed with security and operational robustness as its foundation.
