Trust Stamp Inc started trading today, January 31, 2022, on the Nasdaq Capital Market under ticker symbol ‘IDAI’ after uplisting from the OTCQX Best Market.
“Following a record year indicative of our sustained positioning for company-wide growth, uplisting to Nasdaq is a natural but important progression for Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID) and our shareholders,” said Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID) CEO Gareth Genner in a statement.
“As the premier exchange for technology innovation, Nasdaq offers enhanced credibility and exposure which will allow us to accelerate organic and M&A growth as we capitalize on global development opportunities with a matured portfolio of transformative identity solutions.”
READ: Trust Stamp highlights transformational growth as it reviews 2021
Trust Stamp said its innovations in digital identity empower individuals to own, utilize, and protect personal data from compromise or misuse, transform how businesses approach and manage risk, and extend the reach of financial and societal inclusion.
With a unique competitive stance in the biometrics space, Trust Stamp’s recent material business wins include a $3.92M contract with the US Department of Homeland Security and strengthened presence in the digital asset and cryptocurrency space, having established a metapresence subsidiary dedicated to delivering solutions for next generation of modern finance.
Trust Stamp president Andrew Gowasack added: “Nasdaq offers the enhanced visibility required to drive our next stages of growth as we establish deeper market penetration in key verticals, diversify our target markets, and continue innovating and productizing our strong IP portfolio to address an evolving need for trust in our increasingly digital world. Trust Stamp’s investment into our products and people over the last six years has enabled us to enter 2022 with a robust commercial pipeline and increased internal development capabilities to meet market opportunities and continue delivering year-over-year growth.”
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