VerifiedX partners with Crypto.com to provide custody and OTC services supporting $1.5 billion in assets
According to The Block, VerifiedX announced a partnership with Crypto.com to manage its $1.5 billion digital assets through the latter's institutional-grade custody and OTC liquidity solutions. VerifiedX is a decentralized Layer 1 network and Bitcoin sidechain that supports 1:1 pegged vBTC self-custody issuance. This marks the second collaboration between the two parties this year, and following the announcement, the price of the VFX token surged nearly 70%.
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