VerifiedX and Blockdaemon announced a strategic alliance aimed at expanding scalable DeFi access worldwide, pairing VerifiedX’s consumer-facing platforms with Blockdaemon’s infrastructure that already secures over $110 billion in digital assets for around 400 institutional clients. The partnership targets mainstream accessibility without compromising on institutional-grade assurances.
Infrastructure Meets Consumer DeFi
The collaboration will integrate Blockdaemon’s backend into VerifiedX’s VFX SwitchBlade Wallet and the Butterfly social payments app to simplify DeFi flows for mainstream users. VerifiedX plans to expose Bitcoin utility directly in its wallet while enabling simple fiat-to-crypto movement through username-and-password flows that abstract private-key management. A prior integration with Crypto.com is cited as precedent for on/off-ramp convenience, reinforcing the effort to streamline access while retaining user control.
Planned product development includes new staking and rewards markets, cross-chain liquidity tools, and tokenized asset offerings designed to grow total value locked (TVL) in the combined ecosystem. The partners also intend to expand institutional rails so banks and fintechs can connect directly to settlement and staking features within the same infrastructure. The roadmap emphasizes scaling liquidity and utility while maintaining familiar user experiences.
Blockdaemon supplies the foundational node network, staking systems, and enterprise controls that underpin the integrated experience. Its platform operates across more than 50 networks, supports over $10 billion in staked assets, and advertises 99.9% uptime. The recent acquisition of expand.network adds a unified API with roughly 170 endpoints spanning 50 blockchains, increasing interoperability and simplifying multi-chain integration for front-end applications.
The infrastructure stack also includes self-hosted MPC (Multi-Party Computation) wallet and node options that allow institutions to enforce internal policies and approvals. “Integrating our infrastructure into VerifiedX now offers institutional reliability directly to consumers,” said Demetrios Skalkotos, Blockdaemon’s Chief DeFi and Protocols Officer. This alignment positions enterprise-grade rigor within consumer-facing environments.
For traders, treasuries, and market operators, the combined stack promises broader liquidity routes and more accessible yield opportunities, while also concentrating operational dependencies. The shift toward abstracted credential flows introduces custody and counterparty trade-offs that market participants will need to evaluate as adoption scales. Enterprise-grade security and compliance frameworks are highlighted as core pillars of the integration.
The alliance establishes a direct bridge between institutional node and staking infrastructure and consumer-friendly wallets and social payments. The stated objective is to reach millions of users while expanding real-world participation in DeFi under self-custodial principles.