Bitcoin infrastructure developer VerifiedX has described institutional custody, liquidity services and wallet integrations in a company-supplied announcement about Crypto.com. That documented partnership provides a narrower account of its infrastructure activity than the financing claim, which remains unverified in the material reviewed for this report. For related coverage, see Capital B Buys $29 Million in Bitcoin.

The Documented Crypto.com Partnership

A release supplied by VerifiedX.io and distributed through PR Newswire on November 20, 2025, at 11:00 ET announced a custody and liquidity partnership with Crypto.com. It is an issuer announcement about that arrangement, with no independent corroboration supplied in the material reviewed for this report. For related coverage, see Grant Cardone Lists Private Jet for 1,025 Bitcoin.

The release said Crypto.com would provide institutional custody and liquidity support for $1.5 billion in assets, alongside over-the-counter trading capabilities. That amount describes the announced scope of the service; it is neither an independently verified asset balance nor evidence of financing proceeds received by VerifiedX. For related coverage, see Bitcoin ETFs Erase Most 2026 Losses, With $1B Left to Go.

According to the custody release, the offering was available to eligible institutions using VerifiedX. The listed features included multi-user permissions and customizable governance workflows, making institutional access and account administration explicit parts of the announced offering. For related coverage, see Strategy Doubles STRC Buyback to $2B as Bitcoin Treasury Grows.

The same company-supplied announcement identified an earlier integration of Crypto.com Pay and on-ramp services into VerifiedX Switchblade Wallets. It presented those wallet integrations as preceding the custody partnership, rather than as infrastructure newly funded by a financing round.

Financing Remains Unverified

The historical partnership release and VerifiedX website reviewed for this report do not establish a financing launch or an investment-bank appointment. Investor participation, financing terms, cash received and the allocation of any proceeds therefore remain unverified in this account; that evidence limit does not establish whether disclosures exist elsewhere.

Bitcoin Backing Is a Company Claim

For readers following VerifiedX’s Bitcoin utility offerings, the company’s specific backing statement is that each vBTC is supported 1:1 by Bitcoin. Its website also describes vBTC as non-synthetic, but the available evidence verifies that public representation, without establishing the reserves or implementation security behind it.