VerifiedX launches Prism, a native privacy layer for Bitcoin that enables shielded, programmable Bitcoin transactions through its vBTC asset, effectively turning Bitcoin into a privacy-focused programmable asset.

The initiative targets institutional users, offering institutional-grade privacy for hedge funds, trading desks, and corporate treasuries seeking Bitcoin exposure with advanced financial tooling while preserving on-chain confidentiality.

Prism enables shielded addresses, encrypted balances, and viewing keys to allow selective disclosure of transaction details to specific parties, supporting compliance and anti-money-laundering requirements.

By combining Vault Accounts—programmable storage with features like time-locks and transaction callbacks—with Prism, the project positions Prism as a privacy-focused financial operating system for Bitcoin.

The dual-asset model uses vBTC as the base asset and VFX as the native network asset, both leveraging Prism’s privacy features to support coordinated private activities.

vBTC is claimed to be non-synthetic and tokenized without bridges or third-party involvement, aiming to reduce common bridge-related security risks in DeFi.