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Trust Stamp joins South Korea’s K-Startup Grand Challenge 2025

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Trust Stamp (NASDAQ:IDAI), a privacy-first identity technology company, has been selected among the top 40 participants in South Korea's K-Startup Grand Challenge 2025. The program, supported by the Ministry of SMEs and Startups, aims to help innovative foreign startups establish presence in South Korea and expand across Asia-Pacific.

The company's selection highlights growing demand for secure, privacy-first identity solutions in South Korea. Trust Stamp's technology enables secure authentication without exposing sensitive personal data through its proprietary method of irreversibly tokenizing biometric data. The company is currently exploring collaborations with Korean enterprises and system integrators in fintech, Web3, and public sector applications.

Trust Stamp (NASDAQ:IDAI), un'azienda specializzata in tecnologie d'identità orientate alla privacy, è stata selezionata tra i 40 partecipanti al K-Startup Grand Challenge 2025 in Corea del Sud. Il programma, sostenuto dal Ministero delle PMI e delle Startup, mira ad aiutare startup straniere innovative a stabilire una presenza in Corea del Sud e a espandersi nella regione Asia-Pacifico.

La scelta dell'azienda riflette la crescente domanda in Corea del Sud di soluzioni d'identità sicure e rispettose della privacy. La tecnologia di Trust Stamp consente l'autenticazione sicura senza esporre dati personali sensibili grazie al suo metodo proprietario di tokenizzazione irreversibile dei dati biometrici. L'azienda sta attualmente valutando collaborazioni con imprese coreane e system integrator nei settori fintech, Web3 e applicazioni per il settore pubblico.

Trust Stamp (NASDAQ:IDAI), una empresa de tecnología de identidad centrada en la privacidad, ha sido seleccionada entre los 40 participantes del K-Startup Grand Challenge 2025 en Corea del Sur. El programa, respaldado por el Ministerio de PYMES y Startups, tiene como objetivo ayudar a startups extranjeras innovadoras a establecerse en Corea del Sur y expandirse por la región Asia-Pacífico.

La selección de la empresa pone de manifiesto la creciente demanda en Corea del Sur de soluciones de identidad seguras y orientadas a la privacidad. La tecnología de Trust Stamp permite la autenticación segura sin exponer datos personales sensibles mediante su método propietario de tokenización irreversible de datos biométricos. Actualmente la compañía explora colaboraciones con empresas coreanas e integradores de sistemas en fintech, Web3 y aplicaciones del sector público.

Trust Stamp (NASDAQ:IDAI)는 개인정보 보호를 우선하는 신원 인증 기술 기업으로, 대한민국의 K-Startup Grand Challenge 2025 상위 40개 참가 기업에 선정되었습니다. 중소벤처기업부가 후원하는 이 프로그램은 혁신적인 해외 스타트업이 한국에 진출하고 아시아·태평양 지역으로 확장하도록 지원하는 것을 목표로 합니다.

이번 선정은 한국에서 보안 중심의 프라이버시 친화적 신원 솔루션 수요가 증가하고 있음을 보여줍니다. Trust Stamp의 기술은 생체 데이터의 되돌릴 수 없는 토큰화라는 독자적 방식을 통해 민감한 개인정보를 노출하지 않고 안전한 인증을 가능하게 합니다. 회사는 현재 핀테크, Web3, 공공 부문 애플리케이션에서 한국 기업 및 시스템 통합업체와의 협업을 모색하고 있습니다.

Trust Stamp (NASDAQ:IDAI), une entreprise de technologie d'identité axée sur la confidentialité, a été retenue parmi les 40 participants du K-Startup Grand Challenge 2025 en Corée du Sud. Le programme, soutenu par le Ministère des PME et des Startups, vise à aider les startups étrangères innovantes à s'implanter en Corée du Sud et à se développer dans la région Asie-Pacifique.

La sélection de l'entreprise met en lumière la demande croissante en Corée du Sud pour des solutions d'identité sécurisées et respectueuses de la vie privée. La technologie de Trust Stamp permet une authentification sécurisée sans exposer de données personnelles sensibles grâce à sa méthode propriétaire de tokenisation irréversible des données biométriques. La société explore actuellement des collaborations avec des entreprises coréennes et des intégrateurs de systèmes dans les domaines du fintech, du Web3 et des applications pour le secteur public.

Trust Stamp (NASDAQ:IDAI), ein auf Datenschutz ausgerichtetes Identitätstechnologieunternehmen, wurde unter den Top 40 Teilnehmern des K-Startup Grand Challenge 2025 in Südkorea ausgewählt. Das vom Ministerium für KMU und Startups unterstützte Programm hat zum Ziel, innovative ausländische Startups beim Aufbau einer Präsenz in Südkorea und bei der Expansion im Asien-Pazifik-Raum zu unterstützen.

Die Auswahl des Unternehmens unterstreicht die wachsende Nachfrage in Südkorea nach sicheren, datenschutzorientierten Identitätslösungen. Die Technologie von Trust Stamp ermöglicht eine sichere Authentifizierung, ohne sensible persönliche Daten preiszugeben, durch ein proprietäres Verfahren zur irreversible Tokenisierung biometrischer Daten. Das Unternehmen prüft derzeit Kooperationen mit koreanischen Unternehmen und Systemintegratoren in den Bereichen Fintech, Web3 und Anwendungen für den öffentlichen Sektor.

Positive
  • Selection as top 40 participant in prestigious K-Startup Grand Challenge 2025
  • Strategic entry opportunity into South Korea's advanced digital ecosystem
  • Potential partnerships with Korean enterprises in fintech, Web3, and public sectors
  • Access to key government stakeholders, corporate partners, and investors
Negative
  • None.

Trust Stamp joins K-Startup Grand Challenge 2025 to Expand Privacy-First Identity Solutions in Asia

SEOUL, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), The Privacy-First Identity Company™, has been selected as one of the top 40 participants in the K-Startup Grand Challenge 2025, South Korea’s premier acceleration program for innovative foreign startups. Backed by the Ministry of SMEs and Startups, the program supports high-potential global technology companies in establishing a presence in South Korea and expanding across the broader Asia-Pacific region.

Trust Stamp’s selection for this highly competitive program highlights the growing demand in South Korea for secure, privacy-first, and user-centric identity technologies. As concerns around data privacy, cybersecurity, and digital fraud continue to intensify, South Korean institutions are actively seeking next-generation solutions for identity verification and secure digital access.

Participation in KSGC aligns with Trust Stamp’s strategic focus on expanding its footprint in the APAC region through collaboration with forward-looking enterprises, technology providers, and public institutions. Through the program, the company will engage with key players across South Korea’s innovation ecosystem, including government stakeholders, corporate partners, and investors, while exploring proof-of-concept opportunities and long-term market entry pathways.

Trust Stamp provides interoperable identity technology that enables secure access and authentication without exposing sensitive personal data. In a market like South Korea—where digital identity and cybersecurity are national priorities—Trust Stamp’s privacy-first approach offers strong potential in sectors such as financial services, healthcare, digital onboarding access control and e-government.

“The K-Startup Grand Challenge offers a strategic platform to engage with South Korea’s advanced digital ecosystem and accelerate the adoption of privacy-first identity technologies in the country,” said Ajmir Safi, Vice President, APAC at Trust Stamp. “South Korea’s focus on secure digital infrastructure and innovation makes it an ideal environment to localize our approach, build trusted partnerships, and address growing challenges around data privacy and digital fraud in the region.”

At the core of Trust Stamp’s technology is its proprietary method for irreversibly tokenizing biometric data and enabling zero-knowledge, passwordless authentication. This allows organizations to verify identity securely while eliminating the need to store or transmit personally identifiable information—addressing critical concerns such as phishing, deepfake impersonation, and AI-enabled fraud.

As a member of the 2025 KSGC cohort, Trust Stamp will focus on building local relationships, expanding its partner ecosystem, and preparing for long-term operational presence in Korea. The company is currently in discussions with Korean enterprises and system integrators to explore collaborations in fintech, Web3, and public sector applications

For more information about Trust Stamp and its initiatives, visit www.truststamp.ai.

Inquiries:
Trust Stamp                                                   Email: Shareholders@truststamp.ai 

Ajmir Safi

Vice President APAC, Trust Stamp  

About Trust Stamp

Trust Stamp is a global provider of AI-powered services for use in multiple sectors including banking and finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services. Its technology empowers organizations via advanced solutions that reduce fraud, tokenize and secure data, securely authenticate users while protecting personal privacy, reduce friction in digital transactions, and increase operational efficiency, enabling customers to accelerate secure financial inclusion and reach and serve a broader base of users worldwide.

With team members from twenty-two nationalities in eight countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI).

Safe Harbor Statement: Caution Concerning Forward-Looking Remarks 

All statements in this release that are not based on historical fact are “forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events


FAQ

What is Trust Stamp's (IDAI) role in the K-Startup Grand Challenge 2025?

Trust Stamp has been selected as one of the top 40 participants in the program, which aims to help innovative foreign startups establish presence in South Korea and expand across Asia-Pacific.

How does Trust Stamp's technology work for privacy protection?

Trust Stamp uses a proprietary method for irreversibly tokenizing biometric data, enabling zero-knowledge, passwordless authentication without storing or transmitting personally identifiable information.

What markets is Trust Stamp (IDAI) targeting in South Korea?

Trust Stamp is targeting financial services, healthcare, digital onboarding access control, and e-government sectors in South Korea, focusing on privacy-first identity solutions.

Who is leading Trust Stamp's expansion in the APAC region?

Ajmir Safi, Vice President of APAC at Trust Stamp, is leading the company's expansion efforts in the Asia-Pacific region.

What specific problems does Trust Stamp's technology address?

The technology addresses critical security concerns such as phishing, deepfake impersonation, and AI-enabled fraud while enabling secure identity verification.
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