Crypto.com Supports VerifiedX With $1.5B Custody and Liquidity

• VerifiedX adds $1.5B custody and liquidity support through Crypto.com integration.
• New OTC access strengthens institutional asset management on the VerifiedX network.
• Partnership expands earlier wallet and payment integrations into full-scale custody services.

VerifiedX has expanded its institutional infrastructure through a new agreement with Crypto.com, introducing custody and liquidity capabilities intended to support approximately $1.5 billion in digital assets.

According to statements from both sides, the integration will enable qualified institutions to store, manage, and settle assets on VerifiedX using Crypto.com’s custody framework. The offering includes cold-storage protections, multi-user permissions, and customizable governance processes. These features are designed to create an operational environment that aligns with the requirements often associated with institutional digital-asset practices.

Crypto.com executives stated that the custody service was developed with large-scale clients in mind. The company noted that the VerifiedX network selected the platform to oversee a major portion of its managed assets, citing the need for an infrastructure layer capable of supporting institutional workflows in a regulated environment.

Partnership Includes OTC Trading Support and Liquidity Access

In addition to custody, the arrangement includes OTC trading capabilities that allow VerifiedX participants to handle large-volume transactions through Crypto.com’s liquidity channels. The parties indicated that this element is meant to support asset movements and provide deeper liquidity for institutions conducting higher-value activity on the VerifiedX network.

The custody and trading expansion builds on the companies’ earlier work, which began in late September. During the first phase of the collaboration, VerifiedX integrated Crypto.com Pay and on-ramp tools into its SwitchBlade Wallet, allowing users to purchase supported digital assets using fiat currency and make payments to merchants and decentralized applications through the payment system.

VerifiedX Positions Its Network as Both a Layer 1 and Bitcoin Sidechain

VerifiedX, previously operating under the name ReserveBlock, identifies itself as a universal Layer 1 network that also functions as a Bitcoin sidechain. The project has continued to develop its infrastructure stack, including tools that allow the minting of Verified Bitcoin Tokens (vBTC) through a self-custodial, one-to-one peg mechanism.

The network frames its system as one developed for broader user participation and has been adding capabilities designed to support digital asset management across multiple applications. The new custody integration is part of this strategy, expanding the range of services available to institutions that transact or settle assets within the VerifiedX ecosystem.

The announcement follows months of ongoing collaboration. The initial partnership centered on incorporating Crypto.com’s payment infrastructure into SwitchBlade Wallets to streamline purchases and transaction processes for users. This second phase extends the partnership to the institutional layer, expanding the scope from retail-oriented tools to custody and liquidity services for larger entities.

Strengthening Institutional Access Across the VerifiedX Network

With the addition of custody and OTC support, VerifiedX is set to offer institutions a set of tools for managing digital assets on its network. The arrangement provides a single channel for storing, transferring, and settling cryptocurrencies while connecting participants to regulated infrastructures developed for higher-volume asset activity.

As the partnership expands, VerifiedX will continue to integrate features intended to support both its Layer 1 functions and its role as a Bitcoin sidechain.