Bitcoin · New York · Ethereum · Bitcoin Magazine
VerifiedX Launches $15 Million Financing Round to Deploy Institutional Bitcoin Infrastructure
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
Cantor Fitzgerald is the investment banker on the round.
Key facts
- Part of the capital is allocated to expand custody relationships with partners including BitGo, the digital-asset custodian listed on the New York Stock Exchange, which will hold vBTC (VerifiedX’s
- Cantor Fitzgerald is serving as VerifiedX’s investment banking partner in connection with the financing
- The Bitcoin stays in that address, visible on Bitcoin’s own ledger and never leaves the Bitcoin ecosystem
- Tier-one centralized exchanges will be listing vBTC and VFX, VerifiedX’s native token, with a first announcement expected within weeks
Summary
VerifiedX ( verifiedx.io ), the programmable financial operating system for Bitcoin and intelligent assets, today announced that its Foundation has launched a $15 million financing round and the first institutional investors have already invested. Cantor Fitzgerald is serving as VerifiedX’s investment banking partner in connection with the financing. Part of the capital is allocated to expand custody relationships with partners including BitGo, the digital-asset custodian listed on the New York Stock Exchange, which will hold vBTC (VerifiedX’s Bitcoin-collateralized token) and vBTC.b (its counterpart on Base, Coinbase’s Ethereum layer-2 network). The capital also funds listings. “Nearly every way to put Bitcoin to work on-chain today asks the holder to swap it for someone else’s IOU.