Verifiedx And Blockdaemon Announce Strategic Partnership To Bring Scalable Defi Access Globally

What Happened

VerifiedX (VFX) network, the people’s network and a decentralized global leader in self-custody and Web3 wallet financial infrastructure powering institutional and consumer-grade blockchain utility and Blockdaemon a leading U.S.- headquartered institutional-grade crypto infrastructure company, today announced a major first-mover strategic partnership. Together, Blockdaemon and VerifiedX will now deliver a new era of accessible, scalable, and secure decentralized finance (DeFi) for everyday users around the world.

Through this partnership, VerifiedX and Blockdaemon will empower users to save, spend, pay, earn rewards, and access credit in an intuitive, compliant, and fully self-custodial way.

A Partnership Built to Scale

Market Context

This collaboration integrates Blockdaemon’s battle-tested institutional tooling directly into VerifiedX’s products, including the VFX SwitchBlade Wallet and the Butterfly social payment platform, giving consumers seamless access to rewards, borrowing, lending, and other advanced DeFi capabilities, without the complexity of traditional Web3 interfaces or custody requirements.

Blockdaemon’s staking, node, and liquidity infrastructure, which is utilized by banks, exchanges, and asset managers, will now be embedded directly into VerifiedX’s user-facing apps. Users gain access to the same professional-grade tools previously reserved for institutions.

VerifiedX will unlock decentralized borrowing and lending rails, letting consumers borrow against their assets and access on-chain credit markets using simplified, consumer-friendly interfaces powered by Blockdaemon’s backend.

These DeFi capabilities will live inside both the VFX SwitchBlade wallet and the Butterfly social payment app, allowing users to save and earn rewards, send money globally in seconds, pay merchants or friends, borrow or lend, and hold crypto or stablecoins.

New staking and reward generating markets powered by Blockdaemon’s node network

Cross-chain liquidity tools optimized for mainstream users

Why It Matters

The collaboration is designed to grow into emerging areas of blockchain finance as VerifiedX and Blockdaemon continue to innovate. The roadmap includes:

Details

Democratizing Blockchain Finance for All

Key benefits include:

Institutional-Grade DeFi for Consumers

Seamless Reward Generation

Users will be able to generate rewards on Bitcoin, stablecoins, and other supported assets directly within SwitchBlade and Butterfly, with one-tap actions that abstract away technical complexity.

Borrowing and Lending Made Effortless

Self-Custodial, Frictionless Access

All features remain fully self-custodial and on-chain, where users retain ownership of their assets while benefiting from VerifiedX’s universal settlement layer and simple UX, and Blockdaemon’s infrastructure.

A Unified Financial Experience

Move between fiat and digital assetsAll with a username and password, without managing private keys, seed phrases, or complex DeFi dashboards.

Expanded institutional access so banks, fintechs, and enterprises can integrate VerifiedX rails backed by Blockdaemon’s compliance and infrastructure

Advanced on-chain financial products, including tokenized assets and high-security settlement rails

Global scaling, enabling VerifiedX to serve millions of users with Blockdaemon’s cloud-native, globally distributed architecture

Both ecosystems see this as the beginning of a long-term technical and strategic alignment, with ongoing integration points across wallets, payments, social apps, and decentralized finance.