VerifiedX Network has released vBTC v2, bringing a fully collateralized, non-synthetic Bitcoin asset to Base under the ticker vBTC.b. Powered by Frost-MPC threshold signing — a privacy-preserving multi-party computation scheme audited by Halborn — the asset maintains 1:1 BTC backing with automated minting and burning, and allows direct redemption from Base to native Bitcoin through VerifiedX's VFX Lockbox and Proof Publisher systems, with no third-party attestation required.
The launch also brings Fireblocks integration with self-custody support, positioning vBTC.b as an institutional-grade asset from day one. VerifiedX says the token is now compatible with the full EVM ecosystem, opening it up to lending protocols, liquidity pools, institutional vaults, payments, and on-chain settlement.
For DeFi participants, the significance is the redemption architecture: unlike most wrapped…
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