Trust Stamp seeks SEC and MiCAR confirmations for its Stablecoin Wallet of Wallets

Rhea-AI Summary

Trust Stamp (Nasdaq: IDAI) said it has requested regulatory confirmations from the U.S. SEC and an EU MiCAR regulator for its StableKey Wallet, a biometrically validated, quantum-secure “Wallet of Wallets” for stablecoin issuers and purchasers. The company noted it has raised in excess of $10m in new capital and described features including non-custodial custody, multi-cryptocurrency holdings, cross-device access, joint control, inheritance planning, and alternative recovery methods.

The company said the StableKey Wallet is scheduled for release in January 2026.

Positive

• Regulatory filings submitted to SEC and EU MiCAR regulator
• Capital raised in excess of $10m
• StableKey Wallet launch scheduled for January 2026

Negative

• Regulatory requests are requests, not approvals and carry uncertainty

Insights

Product and Regulatory Strategist

Trust Stamp seeks SEC and MiCAR clarifications for a biometric stablecoin wallet; regulatory outcomes will drive near-term impact.

Trust Stamp reports it has raised in excess of $10m and submitted requests for no‑action relief to the U.S. Securities and Exchange Commission and to an EU regulator enforcing MiCAR for its StableKey Wallet™, a biometrically validated, quantum‑secure "Wallet of Wallets" designed for stablecoin issuers and purchasers.

The business mechanism is straightforward: the company combines live biometric authentication with non‑custodial wallet functions and added utilities (multi‑crypto holdings, cross‑device access, joint control, inheritance planning, alternative recovery, and Wallet of Wallets features) to differentiate from legacy software wallets and cold storage.

Dependencies and risks are concrete and limited to statements in the release: regulatory clearance from the SEC and the EU MiCAR regulator, successful technical delivery by the scheduled January 2026 release, and continued financing following the reported > $10m raise. The quoted market projection of $3 trillion by 2030 frames potential scale but is an external projection and not an operational fact about the product.

Watch for three concrete near‑term items: the regulators’ responses to the no‑action requests, the product delivery at or before January 2026, and any follow‑on disclosures that quantify security audits or custody/legal opinions. Expect the most informative signals within the next quarter to two quarters leading to the stated release date.

Trust Stamp requests regulatory confirmations in the U.S. and EU in respect of the StableKey Wallet™, a biometrically secured digital asset Wallet of Wallets focused on Stablecoin Issuers and Purchasers, as a component of its multi-pronged cryptocurrency initiatives

Atlanta, GA, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI): In the wake of recent announcements that the Company has raised in excess of $10m in new capital and has launched a multipronged Cryptocurrency focused initiative, the Company announced that it has submitted requests for no-action relief from the U.S. Securities and Exchange Commission together with a EU financial services regulator responsible for enforcement of the EU Markets in Crypto‑Assets Regulation (MiCAR).

The requests relate to the Company’s recently announced biometrically validated, quantum-secure wallet that can serve as both a non-custodial wallet for Stablecoins and other assets and as a “Wallet of Wallets”. In addition to the convenience and security afforded by live biometric authentication, the Wallet will offer businesses and individuals utilities not typically found in non-custodial warrants including multi-cryptocurrency holdings, cross-device availability, joint control, inheritance planning, alternative recovery methodologies and “Wallet of Wallets” capabilities.

John Bridge, Trust Stamp’s EVP of government and law enforcement commented, “With rapid adoption by businesses and individuals alike, and the US Treasury Secretary Scott Bessent predicting that the stablecoin market will hit $3 trillion by 2030 thanks to the innovation made possible by the Genius Act, it is inevitable that we will see a corresponding growth in both inadvertent losses and fraud. The StableKey Wallet bridges the gap between the convenience and inherent risks of legacy software wallets and inconvenient hardware-based cold storage while providing not only bank-level security but also a comprehensive set of human-centric features that are not typically found in a non-custodial solution.” 

The StableKey Wallet is scheduled to be released in January 2026.

Inquiries:

Trust Stamp: shareholders@truststamp.ai

John Bridge: jbridge@truststamp.ai

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 and 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 did Trust Stamp (IDAI) request from the SEC and EU MiCAR regulator on November 17, 2025?

Trust Stamp requested no-action relief/confirmations for its StableKey Wallet from the U.S. SEC and an EU MiCAR regulator.

When will the Trust Stamp (IDAI) StableKey Wallet be released?

The StableKey Wallet is scheduled for release in January 2026.

How much new capital did Trust Stamp (IDAI) say it raised before the StableKey regulatory filings?

The company announced it raised in excess of $10m in new capital.

What features does the StableKey Wallet by Trust Stamp (IDAI) claim to offer?

The Wallet includes biometric authentication, quantum security, non-custodial holdings, multi-crypto support, cross-device access, joint control, inheritance planning, and alternative recovery methods.

Does Trust Stamp (IDAI) have regulatory approval for StableKey after the filings?

No; the company submitted requests for confirmations and no-action relief, which are not guarantees of approval.