Galxe, a Web3 decentralized super app, has unveiled Passport V3: its upgraded KYC solution that streamlines user verification and is now integrated with Sumsub, a KYC verification platform. With this new integration, Galxe Passport can ensure user onboarding for any Web3 business.
Galxe Passport addresses identity verification by enabling access to multiple decentralized apps and platforms, including Transak and Banxa, with a single verification. By encrypting identity data with a user-defined password, Galxe Passport ensures that only users can access their personal information, yet still use their passport to access financial platforms.
“With Galxe Passport V3, we’re doubling down on security, compliance, and growth for Web3 projects,” Galxe co-founder Charles Wayn said. “Our integration with Sumsub ensures businesses can onboard verified users with confidence, eliminating fraud, strengthening ecosystems, and driving real community engagement.”
When Galxe Passport users choose to share their proof of age, country of residence or other details, verification is conducted using zero-knowledge proofs, meaning no third party – including Galxe – ever sees the underlying data. The information is fully verifiable, with Galxe’s integration with SumSub helping Web3 businesses block fake users, bots, and duplicate accounts.
Inna Lyubashevskaya, chief customer officer of Sumsub, said, “This launch marks a crucial advancement in Web3 onboarding, and we’re proud to support Galxe with our secure and compliant identity verification capabilities. By integrating our trusted KYC processes, businesses can onboard and verify legitimate users with confidence, preventing fraud and ensuring compliance with global regulations. This collaboration not only enhances the security of Web3 ecosystems but also fosters trust and reliability, helping the industry scale in a safe and compliant manner.”
Galxe Passport is purpose-built for businesses requiring KYC-verified users, particularly Web3 projects that need to meet regulatory standards like the EU’s MiCA (Markets in Crypto-Assets Regulation). By helping Web3 projects meet stringent regulatory requirements, Galxe empowers crypto exchanges, DeFi platforms, and tokenized real-world asset projects to onboard users while staying fully compliant with global regulations.
