VerifiedX Foundation raises $15M to build institutional Bitcoin infrastructure, custody integrations, and exchange listings.
VC & Fundraising ·
VerifiedX Foundation has announced a $15 million financing round and partnered with Cantor Fitzgerald for investment banking support. The project confirmed it has attracted initial institutional capital but has not revealed how much has been committed to date or which investors are participating. The capital will fund institutional Bitcoin distribution channels, custody integrations, centralized exchange listings, and lending infrastructure https://wublockchain.xyz/news/news-20768.
VerifiedX intends to deepen its custody integration with BitGo, covering both vBTC and vBTC.b on the Base network. The foundation is also pursuing listings for vBTC and its native VFX token on centralized exchanges https://wublockchain.xyz/news/news-20768.
The announcement does not specify which institutional backers are participating or how much capital has been deployed so far within the $15 million target round.