Blockdaemon and VerifiedX Team Up to Simplify Self-Custodial DeFi for Mainstream Users

Source: CryptoNewsNet Original Title: Blockdaemon, VerifiedX Join Forces to Deliver Mass-Market, Self-Custodial DeFi Original Link: Crypto infrastructure provider Blockdaemon and Bitcoin sidechain VerifiedX announced a partnership aimed at making everyday crypto use simpler for non-technical users.

The collaboration will integrate Blockdaemon’s staking and blockchain infrastructure—traditionally provided to banks and asset managers—into VerifiedX’s two consumer applications: the Switchblade self-custody wallet and the Butterfly social payments platform.

The experience is designed to feel closer to mainstream social payment apps rather than traditional Web3 workflows. Key features include:

• Earning yield on Bitcoin and stablecoins
• Borrowing against holdings and accessing onchain credit markets
• No need for exchange custody or managing seed phrases
• Seamless money transfers abroad

The initiative represents an effort to lower barriers to entry for non-technical users by abstracting away complexity while maintaining self-custody principles.