{"id":798085,"date":"2025-01-06T10:09:05","date_gmt":"2025-01-06T15:09:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/"},"modified":"2025-01-06T10:09:05","modified_gmt":"2025-01-06T15:09:05","slug":"trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/","title":{"rendered":"Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Atlanta, GA, Jan.  06, 2025  (GLOBE NEWSWIRE) &#8212; Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered technologies, has announced a strategic transaction with Qenta Inc. (\u201cQenta\u201d). Under the arrangement, Qenta is spinning its Goldstar KYC technology off into a newly formed subsidiary, QID Technologies LLC (\u201cQID\u201d), with Trust Stamp having a 10% ownership interest in the new entity. In parallel, Trust Stamp has provided a non-exclusive license of its AI-powered identity technologies to QID in return for a single $1m license fee receivable in three installments over Q1 of 2025. <\/p>\n<p> QID is also contracting with Trust Stamp for business development, product development, and product operations for identity and privacy services and solutions in return for monthly service fees starting January 1st, 2025, and capped at $3.6m annually. As Trust Stamp is a 10% equity holder in QID, the projected $3.6m in billed revenue would result in a net cash inflow of $3.3m. <\/p>\n<p align=\"justify\">Gareth N. Genner, CEO of the Company, observed, \u201cThis strategic transaction brings together Trust Stamp\u2019s unique AI-powered identity authentication and tokenization technology, Qenta\u2019s global asset tokenization capability, and the power of the QOS permissioned blockchain. The result is a robust identity and asset ecosystem designed to resist threats, including quantum computing, ransomware, and deepfake technologies. From a Trust Stamp perspective, the transaction is immediately accretive in that we have been able to restructure and reallocate existing resources to service this new revenue stream without incurring additional expenses.\u201d<\/p>\n<p align=\"justify\">Gareth N. Genner further commented, \u201cQID is a perfect fit for our mission of accelerating secure financial and societal inclusion. The partnership allows our AI-powered technology to be deployed in a wider range of large-scale use cases, including national identity programs while providing Trust Stamp with potentially valuable equity participation and offsetting a significant proportion of our operating costs.\u201d\u00a0 <\/p>\n<p align=\"justify\"><b>About Trust Stamp<\/b><\/p>\n<p align=\"justify\">Trust Stamp is a global provider of AI-powered software and data transformation services for use in multiple sectors, including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services. Trust Stamp is located across North America, Europe, Asia, and Africa and trades on the Nasdaq Capital Market (Nasdaq: IDAI). <a href=\"http:\/\/www.truststamp.ai\" rel=\"nofollow\" target=\"_blank\">www.truststamp.ai<\/a><\/p>\n<p align=\"justify\"><b>About Qenta<\/b><\/p>\n<p align=\"justify\">Qenta Inc. is a comprehensive financial services &amp; technology platform offering asset tokenization, cashless payments, and capital &amp; risk management solutions, uniquely positioned to serve emerging markets. By reducing friction and delivering better access to financial products and services, Qenta Inc. aims to create borderless and democratized financial ecosystems to elevate global businesses and citizens. <a href=\"http:\/\/www.qenta.com\" rel=\"nofollow\" target=\"_blank\">www.qenta.com<\/a><\/p>\n<p align=\"justify\"><strong>Enquiries<\/strong><\/p>\n<p><b>Trust Stamp \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Email: <\/b><a href=\"mailto:Shareholders@truststamp.ai\" rel=\"nofollow\" target=\"_blank\">Shareholders@truststamp.ai<\/a><\/p>\n<p><b>Safe Harbor Statement: Caution Concerning Forward-Looking Remarks\u00a0<\/b><\/p>\n<p> All statements in this release that are not based on historical fact are \u201cforward-looking statements,\u201d 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.\u00a0The 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\u2019s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company\u2019s 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<i>.<\/i><\/p>\n<div class=\"mw_contactinfo\">\n<\/div>\n<p><img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNzEwMCM2NjgwMzQwIzUwMDA4NjM2NA==\" \/> <br \/><img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YzQ1Yzg4MzUtNzQ0NC00MmM0LWIyNDItNzc0YjlkZTExMmRkLTUwMDA4NjM2NA==\/tiny\/Trust-Stamp.png\" \/><\/div>\n<div class=\"mw_contactinfo\">\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Atlanta, GA, Jan. 06, 2025 (GLOBE NEWSWIRE) &#8212; Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered technologies, has announced a strategic transaction with Qenta Inc. (\u201cQenta\u201d). Under the arrangement, Qenta is spinning its Goldstar KYC technology off into a newly formed subsidiary, QID Technologies LLC (\u201cQID\u201d), with Trust Stamp having a 10% ownership interest in the new entity. In parallel, Trust Stamp has provided a non-exclusive license of its AI-powered identity technologies to QID in return for a single $1m license fee receivable in three installments over Q1 of 2025. QID is also contracting with Trust Stamp for business development, product development, and product operations for identity and privacy services and solutions in return for monthly service fees starting &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-798085","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Atlanta, GA, Jan. 06, 2025 (GLOBE NEWSWIRE) &#8212; Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered technologies, has announced a strategic transaction with Qenta Inc. (\u201cQenta\u201d). Under the arrangement, Qenta is spinning its Goldstar KYC technology off into a newly formed subsidiary, QID Technologies LLC (\u201cQID\u201d), with Trust Stamp having a 10% ownership interest in the new entity. In parallel, Trust Stamp has provided a non-exclusive license of its AI-powered identity technologies to QID in return for a single $1m license fee receivable in three installments over Q1 of 2025. QID is also contracting with Trust Stamp for business development, product development, and product operations for identity and privacy services and solutions in return for monthly service fees starting &hellip; Continue reading &quot;Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-06T15:09:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNzEwMCM2NjgwMzQwIzUwMDA4NjM2NA==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025\",\"datePublished\":\"2025-01-06T15:09:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\\\/\"},\"wordCount\":613,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMyNzEwMCM2NjgwMzQwIzUwMDA4NjM2NA==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\\\/\",\"name\":\"Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025 - 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(\u201cQenta\u201d). Under the arrangement, Qenta is spinning its Goldstar KYC technology off into a newly formed subsidiary, QID Technologies LLC (\u201cQID\u201d), with Trust Stamp having a 10% ownership interest in the new entity. In parallel, Trust Stamp has provided a non-exclusive license of its AI-powered identity technologies to QID in return for a single $1m license fee receivable in three installments over Q1 of 2025. QID is also contracting with Trust Stamp for business development, product development, and product operations for identity and privacy services and solutions in return for monthly service fees starting &hellip; Continue reading \"Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/","og_site_name":"Market Newsdesk","article_published_time":"2025-01-06T15:09:05+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNzEwMCM2NjgwMzQwIzUwMDA4NjM2NA==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025","datePublished":"2025-01-06T15:09:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/"},"wordCount":613,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNzEwMCM2NjgwMzQwIzUwMDA4NjM2NA==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/trust-stamp-announces-a-strategic-partnership-projected-to-generate-up-to-4-3m-of-revenue-receipts-in-2025\/","name":"Trust Stamp announces a strategic partnership projected to generate up to $4.3m of revenue receipts in 2025 - 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