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VerifiedX has launched a $15 million financing round to deploy institutional Bitcoin infrastructure. The funds will support custody, exchange, and lending programs for Bitcoin assets.

PRIVATESep 09, 2026•about 3 hours ago

Amount Raised

$15 Million

Round Type

Venture - Series Unknown

TorontoFinancial ServicesFintechBlockchainCryptocurrency

Description

VerifiedX announced the launch of a $15 million financing round aimed at deploying institutional Bitcoin infrastructure. The initial capital will fund the company's institutional Bitcoin distribution and support various initiatives including custody relationships and exchange listings. Notably, BitGo will hold vBTC, VerifiedX’s Bitcoin-collateralized token. The financing aims to facilitate innovative borrow-and-lend programs for institutional investors.

Company Information

Company

VerifiedX

Location

Toronto, Ontario, Canada

About

VerifiedX is the first open-source decentralized network that serves as a universal layer 1 and a Bitcoin-specific sidechain. It focuses on tokenized self-custody, on-chain storage, and peer-to-peer commerce for both digital and physical assets. The platform empowers users with decentralized finance utilities while maintaining security and privacy. VerifiedX aims to enhance the Bitcoin ecosystem with innovative solutions and functionalities.

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