Prove has acquired Portabl, a digital identity verification company, to expand its capabilities in reusable ID solutions and verifiable credentials aligned with W3C standards. The acquisition aims to enhance Prove’s platform by integrating Portabl’s technology for streamlined customer onboarding, fraud reduction, and durable trust networks, reflecting a growing global focus on robust digital identity systems. The strategic move positions Prove as a digital identity leader, leveraging its one billion ID tokens infrastructure, and bolsters its mission to provide privacy-preserving, interoperable identity solutions.
Prove Acquires Portabl to Expand Digital Identity Verification Capabilities
