Trust Stamp forges strategic partnership with Qenta for AI-powered identity solutions
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Trust Stamp (NASDAQ:IDAI) has partnered with Qenta Inc to develop AI-powered identity solutions through a new subsidiary, QID Technologies LLC, in which Trust Stamp holds a 10% equity stake.
January 06, 2025 | 3:45 pm
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Trust Stamp has entered a strategic partnership with Qenta Inc to develop AI-powered identity solutions, holding a 10% stake in the new subsidiary, QID Technologies LLC.
The partnership with Qenta and the creation of QID Technologies LLC, where Trust Stamp holds a 10% equity stake, is likely to enhance Trust Stamp's market position in AI-powered identity solutions. This strategic move could positively impact Trust Stamp's stock price in the short term.
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