Galxe Launches Passport V3 with Sumsub to Supercharge Web3 Onboarding
By: cryptosheadlines|2025/05/07 23:00:02
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Galxe, Web3’s leading decentralized super app, has unveiled Passport V3: its upgraded KYC solution that streamlines user verification and is now integrated with Sumsub, a leading KYC verification platform. With this new integration, Galxe Passport can ensure seamless and secure user onboarding for any Web3 business.Trusted by over 1 million users, Galxe Passport streamlines identity verification, enabling easy 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. Sumsub’s unrivalled security and compliance standards make it one of the world’s most reliable KYC partners. Used by global brands from Vodafone to Gate.io, Sumsub helps businesses stay compliant while making user onboarding frictionless. With SOC 1, 2, and 3 certifications, Sumsub has already verified over 1 billion users worldwide.Commenting on Galxe Passport’s integration with Sumsub as part of its V3 launch, Charles Wayn, co-founder of Galxe, says: “With Galxe Passport V3, we’re doubling down on security, compliance, and growth for Web3 projects. 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. Nonetheless, the information is fully verifiable, with Galxe’s integration with SumSub adding a further layer of integrity and trust for Web3 businesses that can block fake users, bots, and duplicate accounts.Inna Lyubashevskaya, chief customer officer of Sumsub, says: “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.To learn more about Passport V3, users can visit: https://www.galxe.com/passportAbout Galxe Galxe is Web3’s leading growth platform, trusted by over 33 million users and thousands of projects worldwide. Built on Gravity—Galxe’s ultra high-performance Layer 1 blockchain—the platform unifies onboarding, identity verification, automation, and user engagement into one seamless system. Industry leaders like Coinbase, Polygon, and Optimism use Galxe to activate and grow their communities and drive meaningful engagement across their product suites. By harmonizing fragmented tools into one unified growth engine, Galxe empowers future industry leaders to build smarter, scale faster, and engage more effectively.Users can learn more at www.galxe.comAbout SumsubSumsub is a full-cycle verification platform that secures the whole user journey. With Sumsub’s customizable KYC, KYB, Transaction Monitoring, and Fraud Prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs, and protect your business.Sumsub has over 4,000 clients across the fintech, crypto, transportation, trading, e-commerce, education, and gaming industries, including Bitpanda, Wirex, Avis, Bybit, Huobi, Duolingo, Kaizen Gaming, and TransferGo. The firm has citations in research published by global institutions such as the United Nations and Statista, as well as ongoing consultancy and engagements with INTERPOL.TagsBlockchainWeb3Source link
You may also like

These days, even hackers are losing money
Although hackers possess excellent skills and can complete a meticulous harvest in a matter of hours, the market does not care where the chips come from; in the face of a bear market, everyone is treated equally.

Arm Chips In-House: Rewire News Brief
For Intel and AMD, the x86 Moat Just Got a Little Less Secure

IOSG: Stablecoin Reshaping Asia Cross-Border Payments? Strategic Landscape and Investment Opportunities Analysis
Stablecoins have not truly addressed the two core pain points of domestic settlement and exchange rate conversion.

\$73 Billion OpenAI Aims for IPO: Drops Sora, Snubs Disney, Puts Microsoft in Risk Factors
Altman is Telling a Growth Story in Subtraction

The Chip Industry's Most Secure Middleman Just Took a Very Risky Turn
Arm's decision to fabricate chips is essentially competing with its own customers

CZ's Latest Interview: My Experience is Replicable, Writing a Book to Inspire Young Entrepreneurs
How will CZ measure the success of this industry and how far have we really come?

Morning News | Invesco acquires a $900 million on-chain fund from Superstate; ParaFi has raised $125 million for its new fund; Solana Foundation launches developer platform SDP
Overview of Important Market Events on March 24

What is the background of this new fund that the two major prediction market platforms have rarely joined forces to create?
When Klashi's early employees went out to raise funds, the two CEOs chose to appear together on the list of investors.

SIREN, another leveraged scam
What kind of experience can we gain from these similar situations?

Token has become extremely popular, and the blockchain is very sad
When AI's tokens become the new "digital oil," blockchain can only watch its once-dreamed dreams materialize in a completely unfamiliar way. This misaligned popularization is a victory for AI, but also the deepest helplessness for blockchain.

Tether's major shareholder invests £12 million to support the "British version of Trump" in the cryptocurrency sector
In the United States, the story of the cryptocurrency industry pouring money to support Trump and reclaiming regulatory dominance has come to an end. In the United Kingdom, the same script is being replayed.

Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?
Hashpower will determine everything; human work will only be restructured, not disappear

Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times
17 minutes, 100k turned into 25M.

Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief
In the first 15 minutes of trading, $1.5 billion in futures trades have already taken place

From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?
Cloudflare is both building walls and opening windows. It provides both blocking tools and paid access tools. They decide what is kept out, what is allowed in, and under what conditions it can enter.

BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend
Rebuild capitalism that belongs to everyone.

When Backpack backstabs the community
Once a fundamental rift in trust appears, the cost that Backpack must pay to repair it is likely far more expensive than the profits previously "harvested" through service fees.

When gold is no longer a safe haven, and Bitcoin continues to panic
The whole world is waiting for the Strait of Hormuz to reopen. Why not guess which type of asset will return to pre-war levels first?
These days, even hackers are losing money
Although hackers possess excellent skills and can complete a meticulous harvest in a matter of hours, the market does not care where the chips come from; in the face of a bear market, everyone is treated equally.
Arm Chips In-House: Rewire News Brief
For Intel and AMD, the x86 Moat Just Got a Little Less Secure
IOSG: Stablecoin Reshaping Asia Cross-Border Payments? Strategic Landscape and Investment Opportunities Analysis
Stablecoins have not truly addressed the two core pain points of domestic settlement and exchange rate conversion.
\$73 Billion OpenAI Aims for IPO: Drops Sora, Snubs Disney, Puts Microsoft in Risk Factors
Altman is Telling a Growth Story in Subtraction
The Chip Industry's Most Secure Middleman Just Took a Very Risky Turn
Arm's decision to fabricate chips is essentially competing with its own customers
CZ's Latest Interview: My Experience is Replicable, Writing a Book to Inspire Young Entrepreneurs
How will CZ measure the success of this industry and how far have we really come?
