IBM crypto partner Dfns integrates Concordium for Web3 compliance

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IBM crypto partner Dfns integrates Concordium for Web3 compliance
IBM crypto partner Dfns integrates Concordium for Web3 compliance
Mahathir Bayena
Written by Mahathir Bayena
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Digital wallet infrastructure provider Dfns has integrated Concordium’s layer-1 blockchain to launch identity-verified Web3 wallets for institutions.

The integration adds Concordium’s privacy-preserving identity layer to Dfns’ wallet-as-a-service platform.

Dfns said the move allows enterprises to deploy compliant wallets without building complex identity systems.

This integration enables financial institutions to instantly deploy compliant, privacy-preserving wallets.

Clarisse Hagège said.

The development follows Dfns’ recent collaboration with IBM to launch the Digital Asset Haven platform.

The solution links each wallet to a verifiable real-world identity while preserving user privacy.

Hagège said the integration removes the compliance bottleneck slowing institutional Web3 adoption.

Dfns counts more than 130 clients across banking, custody, tokenisation and trading services.

Clients include major financial institutions and crypto firms such as Fidelity International and Circle.

Concordium has expanded partnerships across Europe as demand grows for compliant blockchain infrastructure.

Industry participants say tightening regulations are accelerating demand for identity-based Web3 solutions.

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