Global Settlement to launch GSX Identity after acquiring InvestReady, Accreditoken

Investing Us
Global Settlement Holdings will launch GSX Identity, a decentralized identity platform, after acquiring InvestReady and Accreditoken.

Summary

Global Settlement Holdings is set to launch GSX Identity (GSX ID), a new decentralized identity platform designed for regulated digital asset settlement. This launch follows the acquisition of InvestReady and Accreditoken, combining their technologies to create an institutional-grade credential and compliance layer for banks, governments, and blockchain networks. GSX ID aims to enable institutions to transact on blockchains while adhering to regulations like MiCA and the FATF Travel Rule, offering a streamlined identity verification process that eliminates fragmented onboarding.

The platform will integrate InvestReady’s accredited investor verification with Accreditoken’s decentralized credential infrastructure, serving as the identity framework for Global Settlement’s blockchain and supporting third-party networks. The focus is on reusable on-chain credentials, policy enforcement, and enterprise-grade governance.

According to Ryan Kirkley, CEO of Global Settlement Holdings, GSX Identity is being built as a “trust layer” for compliant financial infrastructure, addressing the industry’s past oversight of compliance. Adrian Alvarez, CEO of InvestReady, will lead the new subsidiary, which is valued at over $10 million, with Ryan Kirkley serving as Chairman.

(Source:Investing Us)

VICE

Class Action Lawyers Fight for Indie Artists Exploited by Generative AI Training

TNW

Meta wins dismissal of WhatsApp privacy suit as judge questions whistleblower detail

Benzinga

BitMEX CEO Calls New Insider Trading Lawsuit 'Spurious and Opportunistic'

The Mercury News

Tesla settles with three workers as Fremont factory racism cases by hundreds of workers continue

The Atlanta Journal-Constitution

Wellstar Health System agrees to pay $4.25 million in privacy class action deal

Crypto Breaking News

BitMEX Faces 623 BTC Lawsuit on Shutdown Announcement Day

Afr

ARN Media granted access to Kyle Sandilands’ sworn affidavits for $82 million Jackie Henderson lawsuit

Crypto News

BitMEX sued for allegedly profiting from customer Bitcoin liquidations

Crypto Breaking News

BitMEX Receives 623 BTC Lawsuit Filing the Day It Announces Shutdown

Afr

Inside SK Hynix billionaire Chey Tae-won’s super-charged divorce settlement

The Associated Press

F1 settles class-action lawsuit over Las Vegas Grand Prix mishap

WDIV ClickOnDetroit

Formula 1 parent company reaches $3M settlement in Las Vegas Grand Prix 2023 tickets lawsuit

National Law Review

New York Court Allows Peer-to-Peer Payment Fraud Lawsuit to Proceed

MacRumors

Siri Settlement Approved: Apple to Pay Owners of Some iPhone Models

Times Herald-record

Tenants to get rent refunds after AG settlement with Newburgh complex