Blockdaemon, VerifiedX Join Forces to Deliver Mass-Market, Self-Custodial DeFi
PositiveCryptocurrency

- Blockdaemon and VerifiedX have partnered to create a user-friendly, self-custodial decentralized finance (DeFi) experience, akin to popular payment apps like Venmo and Cash App, enabling users to earn yield on bitcoin (BTC) and stablecoins while borrowing against their holdings.
- This collaboration is significant for VerifiedX as it enhances its offerings in the DeFi space, allowing it to attract a broader audience seeking accessible financial solutions and potentially increasing its market presence in the cryptocurrency sector.
- The partnership reflects a growing trend in the cryptocurrency industry towards user-centric financial products, as companies like VerifiedX seek to establish themselves in a competitive landscape, especially following their recent alliance with Crypto.com for custody support, which underscores the importance of security and liquidity in digital asset management.
— via World Pulse Now AI Editorial System






