IDAI News & Events

Trust Stamp files $100M mixed securities shelf

Trust Stamp, with the participation of Partisia has signed a commercial agreement with Digital Platformer to deploy and develop technologies that advance financial security, identity verification, and privacy protection across Japan's financial services sector and the wider region. The three parties will deliver a unified privacy-preserving biometric authentication solution under Digital Platformer's next-generation identity platform. The architecture integrates Trust Stamp's Fuzzy IT biometric tokenisation with Partisia's MPC platform to ensure that no single entity - including the identity service provider - can access a user's confidential data, significantly reducing reliance on any single point of failure and preserving full self-sovereignty.

Trust Stamp announced the closing of two M&A transactions: the acquisition of 100% of the outstanding share capital of Lexverify effective February 26th, 2026, and the subscription for a 50% ownership interest in Cyberfish CyberPsychology Solutions effective March 9th, 2026. Andrew Gowasack, President of Trust Stamp commented, "We believe each of these enterprises has unique and significant potential in their own right. But when we combine the technology, experience and resources that Trust Stamp can provide with the unique technology and expertise of the two organizations, we are in a position to benefit from powerful product development synergies and cross-selling opportunities. In particular, by combining Cyberfish's expertise in building simulations of business disruption and crisis-management scenarios with Lexverify's expertise in training and utilizing Large Language Models we can create a new paradigm in LLM training focused on modeling and resolving highly customized risk scenarios for our clients and their industries."

Trust Stamp announced will provide IDetect with access to the American Association of Motor Vehicle Administrators, AAMVA, Driver's License Data Verification, DLDV, service. This capability elevates IDetect's current suite of document scanning tools by enabling real-time verification of driver's license data against official issuing agency records. Andrew Gowasack, President of Trust Stamp, commented, "IDetect has been a staple of the security industry for a quarter-century, protecting everything from nightclubs to federal agencies. By integrating our AAMVA DLDV access, we are empowering IDetect to move beyond document 'authentication' and into true 'data verification.' Given their diverse customer base and significant scale, this represents a major step in our mission to provide accessible, government-backed identity trust across the physical and digital worlds."