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Home » VerifiedX and Galxe Partner to Drive Bitcoin Utility Adoption

VerifiedX and Galxe Partner to Drive Bitcoin Utility Adoption

Monthly Quest Series to Onboard Millions via Self-Custodial Wallets

Kelly Cromley by Kelly Cromley
May 30, 2025
in Market News, News
Reading Time: 2 mins read
0
verifiedx and galxe partner to drive bitcoin utility adoption

VerifiedX (VFX) Network and Galxe have launched a long-term collaboration designed to bring advanced on-chain programmable utility to millions of users. The agreement introduces an exclusive VerifiedX quest series hosted on the Galxe platform, which boasts a user base of over 34 million. This initiative aims to attract more than a million daily users by offering monthly rewards and loyalty points through engagement with VerifiedX’s SwitchBlade Wallet features.

Set to run over a two-year period, the series will include monthly quests tailored to educate users about the VFX SwitchBlade Wallet and guide them through practical on-chain tasks. The partnership offers Galxe users an opportunity to explore real-time programmable features for Bitcoin and tokenized assets, leveraging personal self-custody vaults equipped with secure recovery functionalities. The collaboration intends to streamline user onboarding with one-click, non-custodial wallet features accessible across devices, all while offering the added incentive of earning USD-denominated rewards.

The first quest in the series was scheduled for launch on May 28, 2025. Each activity will reward participants with loyalty points within the Galxe Rewards Hub and focus on showcasing the capabilities of the VFX wallet. By completing tasks related to on-chain operations, users will be introduced to a new level of Bitcoin programmability that emphasizes usability, privacy, and self-sovereignty.

Galxe, a well-established player in the Web3 onboarding space, has previously collaborated with major industry names including Coinbase, Solana, Ripple, Forbes, Arbitrum, and Avalanche. The platform is known for its expertise in AI, digital identity, and blockchain integrations, making it a fitting partner for a project of this scale and ambition.

VerifiedX has positioned itself as the first decentralized, open-source network to function both as a universal layer-1 blockchain and as a Bitcoin-specific sidechain, referred to as a reliever chain. The network was developed to support tokenized self-custody, secure on-chain storage, and peer-to-peer commerce involving both digital and physical assets. Its native coin, VFX, is accessible either within the wallet itself or through the BitMart exchange.

At the core of VerifiedX’s mission is its focus on self-custodial empowerment and user-friendly access to digital financial tools. By providing everyday users with the means to save, spend, borrow, and vault digital assets such as Bitcoin and VFX funds, the network seeks to reduce barriers to entry and minimize ownership costs. This approach, which integrates scalable in-wallet functionality, is aimed at fostering global adoption and giving users full control over their digital financial lives.

The strategic collaboration between VerifiedX and Galxe is being viewed as a critical step toward expanding the use of programmable Bitcoin utilities within a mainstream, self-custodial framework. Through the quest-based incentive structure, the project hopes to accelerate the mass adoption of decentralized finance tools while enhancing digital asset literacy among users worldwide.

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