VerifiedX (VFX) Network is a network of people and a decentralized global leader in self-custody and Web3 wallet financial infrastructure powering institutional and consumer-grade blockchain utilities Blockdaemon, a leading institutional-grade crypto infrastructure company headquartered in the United States, today announced a major first-mover strategic partnership. Blockdaemon and VerifiedX are working together to bring a new era of decentralized finance (DeFi) that is accessible, scalable, and secure to users around the world.
The partnership will integrate Blockdaemon’s proven institutional tools directly into VerifiedX’s products, such as the VFX SwitchBlade Wallet and Butterfly social payment platform, giving consumers seamless access to rewards, borrowing, lending, and other advanced DeFi features without the complexity of traditional Web3 interfaces or storage requirements.
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Democratizing blockchain finance for everyone
Through this partnership, VerifiedX and Blockdaemon will enable users to save, spend, pay, earn rewards, and access credit in an intuitive, compliant, and completely self-managing way.
The main benefits are:
Institutional DeFi for consumers
Blockdaemon’s staking, node, and liquidity infrastructure used by banks, exchanges, and asset managers will be built directly into VerifiedX’s user-facing apps. Users will now have access to the same professional-grade tools previously available for educational institutions.
Seamless reward generation
Users will be able to generate rewards in Bitcoin, stablecoins, and other supported assets directly within SwitchBlade and Butterfly with one-tap actions that abstract away technical complexity.
Borrowing made easy
VerifiedX unlocks decentralized borrowing and lending rails, allowing consumers to borrow against their assets and access on-chain credit markets using a simplified consumer-friendly interface powered by Blockdaemon’s backend. Sponsored Sponsored Self-custodial, smooth access
All functionality remains fully self-custodial and on-chain, allowing users to retain ownership of their assets while benefiting from VerifiedX’s universal payments layer and simple UX, as well as Blockdaemon’s infrastructure.
Unified financial experience
These DeFi features will be built within both the VFX SwitchBlade wallet and the Butterfly social payments app, allowing users to save and earn rewards, send money around the world in seconds, pay merchants and friends, lend and borrow, and hold cryptocurrencies and stablecoins.
Move between fiat and digital assets
All using your username and password, without managing private keys, seed phrases, or complex DeFi dashboards. Sponsored Sponsored
Partnerships built for scale
This partnership is designed to grow into the emerging field of blockchain finance as VerifiedX and Blockdaemon continue to innovate. The roadmap includes:
New staking and reward generation marketplace powered by Blockdaemon’s node network Cross-chain liquidity tools optimized for mainstream users Expanded institutional access for banks, fintechs, and enterprises to integrate VerifiedX rails, backed by Blockdaemon’s compliance and infrastructure Advanced on-chain financial products, including tokenized assets and high-security payment rails With global expansion, VerifiedX is now Blockdaemon A cloud-native, globally distributed architecture that can serve millions of users.
Both ecosystems see this as the beginning of a long-term technical and strategic collaboration with continued integration points across wallets, payments, social apps, and decentralized finance.
The VerifiedX Foundation states:
“Our pursuit has always been to make blockchain finance simple, self-custodial, secure, accessible, and available to everyone. Our partnership with Blockdaemon brings institutional-grade infrastructure directly into the hands of the public with zero friction. Together, we are redefining how users save, earn, borrow, and pay, without intermediaries, complexity, and barriers.”
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“Our infrastructure has long served institutions that demand accuracy and reliability. Integrating it with VerifiedX brings the same standards to consumers, making decentralized finance more secure and accessible without compromising performance or compliance,” said Demetrios Skalkotos, Chief DeFi and Protocol Officer at Blockdaemon.
About VerifiedX
VerifiedX – VFX (VerifiedX.IO) is a people’s network that is a next-generation decentralized protocol, both a universal layer 1 and a Bitcoin-specific redemption chain, focused on trust, transparency, freedom, independence, and deflationary economics. Through products such as SwitchBlade and the Butterfly social payment platform, VerifiedX makes saving, spending, custody, tokenization, yield earning, and access to credit simple and user-first, while maintaining complete self-control so everyone can be their own bank.
For more information, please visit VerifiedX.io.
About block daemons
Blockdaemon is the institutional gateway to Web3, securing over $110 billion in digital assets for more than 400 institutions, including exchanges, custodians, crypto platforms, and financial companies. Blockdaemon provides institutional-grade blockchain infrastructure across nodes, APIs, staking, MPC wallets, and vaults. Since 2017, our globally distributed infrastructure ensures unparalleled security, compliance, and scalability.
For more information, please visit www.blockdaemon.com.
