Dfns, a digital wallet infrastructure provider and IBM partner, has integrated Concordium’s layer-1 blockchain to launch an identity-verified Web3 wallet solution. Concordium’s privacy-preserving identity layer is now part of Dfns’ wallet-as-a-service platform, the companies announced in a joint statement. This integration enables financial institutions and enterprises to deploy compliant, privacy-preserving wallets without building complex identity infrastructure from scratch, according to Dfns CEO Clarisse Hagège.
The move follows Dfns’s collaboration with IBM to launch IBM Digital Asset Haven in October, a platform designed to help financial institutions and governments securely manage and scale their digital asset operations. Through Dfns’ WaaS technology, organizations can create and manage wallets for their users without exposing them to technical complexities or the risks of handling a seed phrase. Combined with Concordium’s built-in identity layer, every wallet can be directly and verifiably tied to a real-world identity in a way that supports regulatory compliance while preserving user privacy.
Dfns has more than 130 clients in banking, custody, tokenization and trading, including Dutch bank ABN Amro, investment firm Fidelity International, Standard Chartered’s Zodia Custody and USDC issuer Circle. A spokesperson for the platform noted that including testnets, Dfns has integrated with around 120 blockchain networks to date. Concordium has partnerships with Ledger, Bitcoin.com, Safle and Coin98, and has also announced partnerships with StablR and Spiko. “This Dfns integration is the gold standard for secure, scalable wallet infrastructure, and it puts Concordium’s built-in identity layer directly into the hands of enterprises and builders who crave compliance without complexity,” said Boris Bohrer-Bilowitzki, Concordium’s CEO.
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