Blockdaemon partners with VerifiedX to create mainstream self-custody DeFi

Jinse Finance reported that crypto infrastructure provider Blockdaemon and Bitcoin sidechain VerifiedX are launching a major upgrade aimed at making everyday cryptocurrency usage easier for non-technical users. The experience is designed to feel more like Venmo or Cash App for users. Blockdaemon provides the technical backbone, including node operations, staking systems, and liquidity management, while VerifiedX is responsible for the user experience, including payments, merchant transactions, and simple asset transfers. The collaboration aims to offer self-custodial DeFi functionality to users who are reluctant to use dashboards or connect on-chain wallets.