Essential Guide: Ibm’s Crypto Partner Dfns Integrates Concordium For Web3 Compliance

Dfns integrated Concordium’s layer-1 blockchain to add identity-verified wallets to its WaaS platform as institutions seek compliant Web3 adoption.

Dfns, a digital wallet infrastructure provider and a partner of tech giant IBM, has integrated Concordium’s layer-1 (L1) blockchain to launch an identity-verified Web3 wallet solution.

The move follows the recent collaboration of Dfns 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, Hagège told Cointelegraph.

The result is a simplified and compliant path for banks and fintech platforms to onboard users to tokenized assets, stablecoins and on-chain financial services without compromising on security, user experience or trust, Hagège noted, adding:

Founded in 2020, Dfns boasts 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 (USDC) issuer Circle, among others.

A spokesperson for the platform noted that, including testnets, Dfns has integrated with around 120 blockchain networks to date.

Concordium has established itself as a major institutional-grade digital asset service provider, partnering with entities including Tether-backed stablecoin company StablR.

In August 2025, Concordium also announced a strategic partnership with Spiko, one of the biggest tokenized money market funds in Europe.

Related: Fake MetaMask 2FA security checks lure users into sharing recovery phrases

Source: CoinTelegraph