According to CoinMeta, VerifiedX has announced its membership in Bitcoin, for, and Corporations. The goal is to transform Bitcoin from a passive value store into programmable capital, supporting various financial applications such as payments, lending, and financial management, while retaining ownership of Bitcoin and the ability for direct redemption. At the core of its ecosystem is vBTC, a token that is 1:1 backed by Bitcoin and is built directly into the VerifiedX protocol. This initiative aims to activate Bitcoin's programmable financial capital and utility without sacrificing the ability to self-store or directly redeem BTC. VerifiedX extends this infrastructure to wallets, payments, vaults, tokenized assets, and institutional financial applications, creating a broader operational environment that allows Bitcoin to flow, settle, be mortgaged, and participate in financial markets and infrastructure.