VerifiedX, a fast-growing Web3 self-custody leader, has clinched a sweeping custody and infrastructure partnership with global crypto heavyweight Crypto.com. Announced on November 20, the agreement sees Crypto.com providing institutional-grade custody and liquidity services for $1.5 billion in VerifiedX assets. The deal includes new over-the-counter (OTC) trading capabilities, strengthening both firms’ appeal to institutional digital asset holders seeking compliance, scale, and security. Scaling up: A new model for digital asset infrastructure Through this deal, eligible institutions using VerifiedX can access Crypto.com’s regulated custody platform, known for robust security, multi-user management, and insured infrastructure. The move signals both companies’ answer to growing institutional need for seamless, secure, and compliant crypto management as adoption deepens in capital markets and new regulations bear down on the sector. Eric Anziani, president and COO at Crypto.com, highlighted that “ Crypto.com Custody is specifically designed with expectations of institutional-grade clients,” crediting VerifiedX for enhancing its offering for high-value users. The partnership enables VerifiedX institutions and clients to transact, store, and move digital currencies with enhanced governance and transparency. It builds on an ongoing relationship between the two companies. Earlier this year, Crypto.com integrated its Pay solution directly into VerifiedX Switchblade Wallets, giving users a seamless payment and fiat on-ramp experience. Institutional trust, retail reach For VerifiedX, the collaboration is a major step in its mission to be the “people’s network,” lowering friction and costs for users wanting decentralized self-custody and cross-chain, real-world utility. The addition of Crypto.com’s regulated custody and insurance offerings, alongside new OTC trading, reinforces VerifiedX’s pitch to both big institutions and next-generation developers building on the network. “The mission is clear to make custody seamless, secure, and globally accessible,” the VerifiedX Foundation stated, describing the alliance as “best in-class custody and liquidity infrastructure.” As a fully open-source, Bitcoin-reliever chain and universal layer 1, VFX offers in-wallet asset recovery, tokenized custody, and a bridge between Bitcoin and broader DeFi applications. Industry experts note the deal’s timing as significant: as digital asset regulators intensify focus on security, compliance, and risk management, large crypto-native players are racing to offer “one-stop” institutional rails capable of supporting billions in assets. With $1.5 billion now under custody, the new Crypto.com-VerifiedX setup targets clients navigating this evolving landscape with an eye toward regulatory certainty and operational resilience. The partnership between VerifiedX and Crypto.com marks another leap in the maturation of institutional crypto asset infrastructure. By blending scalable custody, flexible liquidity, and regulated tools, both companies aim to win the trust of institutions and accelerate a new era of safe, accessible, cross-chain Web3 finance. The post VerifiedX and Crypto.com seal $1.5B deal to strengthen institutional crypto custody appeared first on Invezz
