VerifiedX Launches Decentralized Bitcoin Utility: Expanding DeFi Integration with vBTC Tokenization

VerifiedX has introduced a decentralized Bitcoin utility solution, utilizing the vBTC token on its Layer 1 network. This innovative approach enhances Bitcoin’s real-world application and integration into DeFi ecosystems. The launch directly addresses Bitcoin’s limitations by enabling users to use Bitcoin in real-time transactions without relying on third parties, further empowering decentralization. This could significantly impact market dynamics and potentially attract institutional investors.