Dfns, a Wallet-as-a-Service (WaaS) provider, this week announced a strategic integration with Concordium, the Layer-1 blockchain that embeds privacy-preserving identity directly into its protocol. The integration enables financial institutions, fintechs, and consumer platforms to programmatically create Concordium wallets and verified onchain identities for users
This follows Dfns’ expanded whitelabel partnership with IBM, which allows IBM Digital Asset Haven customers to access Concordium-based identity wallets directly through Dfns’ API. Concordium’s identity layer operates without centralized databases or data sharing between companies; zero-knowledge proofs verify required attributes, such as jurisdiction or age, while the user’s personal data remains private. For enterprises, this removes the burden of building bespoke identity infrastructure and delivers a compliant, privacy-first user experience.
Dfns’ WaaS platform is used by global institutions, including Fidelity International, ABN AMRO, and Standard Chartered’s Zodia Custody. Customers can now access features such as wallet creation, balance detection, on-chain transfer history, transaction signing, broadcasting, chain-indexed webhook alerts, and real-time monitoring – all through a single API.
“Dfns is the gold standard for secure, scalable wallet infrastructure, and this integration puts Concordium’s built-in identity layer directly into the hands of enterprises and builders who crave compliance without complexity,” said Concordium CEO Boris Bohrer-Bilowitzki. “Effectively, everything becomes simpler and faster for those who wish to build wallets without facing friction.”
Any application using Dfns can launch fully compliant Web3 wallets on Concordium without having to build chain-specific support from scratch. Builders can also deploy apps on the Layer-1. For Concordium, the integration provides distribution, powering customer verification, stablecoin payments, age-verified commerce, and compliant DeFi rails. Concordium’s ecosystem now includes stablecoins, PSP partners, PayFi rails, RWA issuers, and e-commerce integrations.
“We’re proud to bring Concordium’s unique regulatory-ready design to our customers,” added Dfns CEO Clarisse Hagège. “With WaaS adoption soaring as enterprises outsource wallet infrastructure, we’re fully committed to making life easier for builders, the talented people who keep the wheels of Web3 turning.”
He said the platform is one that “goes beyond custody to orchestrate the full digital asset ecosystem,” while IBM Z General Manager Tom McPherson said it would allow IBM’s clients “to enter and expand into the digital asset space.”