Galxe Unveils Passport V3 to Revolutionize Web3 KYC

By: cointrust|2025/05/08 12:15:01

Galxe, a prominent player in the Web3 ecosystem and widely regarded as a decentralized super app, has officially introduced Passport V3 — the latest version of its Know Your Customer (KYC) solution. This enhanced system aims to simplify user verification while improving onboarding security through its integration with Sumsub, a globally recognized identity verification provider.The new version of Galxe Passport is designed to offer seamless and secure onboarding for users and businesses across the Web3 landscape. By integrating Sumsub’s verification protocols, Galxe seeks to streamline the way decentralized applications authenticate and verify user identities, thereby eliminating much of the friction that traditionally accompanies onboarding procedures.Streamlined Access with Encrypted PrivacyCurrently trusted by over one million users, Galxe Passport enables individuals to verify their identity once and then access multiple decentralized platforms, including partners such as Transak and Banxa, without undergoing repeated verification steps. The solution encrypts identity information with a password created by the user, ensuring that only the individual can access their data. At the same time, users can still utilize their verified identity to gain access to financial services and applications across the Web3 space.The integration with Sumsub brings an added layer of trust and regulatory compliance. Known for its industry-leading security and adherence to global standards, Sumsub is utilized by international corporations including Vodafone and Gate.io. With a track record of verifying over a billion users and holding certifications for SOC 1, 2, and 3, the company provides a solid foundation for identity assurance.Zero-Knowledge Proofs Safeguard User AnonymityAn important aspect of Galxe Passport V3 is its reliance on zero-knowledge proof technology when users opt to share details such as age or country of residence. This approach ensures that no external party — not even Galxe itself — gains access to the raw identity data. However, the verification remains completely trustworthy and verifiable. The inclusion of Sumsub’s systems in this process allows businesses to further eliminate fraudulent signups, bots, and duplicate accounts with greater precision.Galxe’s co-founder emphasized that the latest Passport version reinforces the company’s commitment to enhancing security, maintaining regulatory compliance, and driving sustainable growth in Web3. The leadership views the integration with Sumsub as a vital mechanism for empowering projects to verify legitimate users with confidence while creating genuine community engagement.A Tool for Compliance-Driven Web3 GrowthGalxe Passport V3 is specifically tailored for Web3 businesses that require regulatory-grade user verification. Its infrastructure supports compliance with global mandates, including the European Union’s Markets in Crypto-Assets Regulation (MiCA). By offering an identity verification tool that aligns with international standards, Galxe is positioned to support the onboarding of users to decentralized finance platforms, tokenized real-world asset projects, and centralized exchanges, all while ensuring full adherence to regulatory requirements.Sumsub’s executive team highlighted that the integration represents a meaningful leap forward for onboarding in Web3. By bringing together secure verification processes and frictionless user experiences, the collaboration between Galxe and Sumsub is seen as instrumental in scaling the blockchain ecosystem in a secure and compliant manner.As the Web3 industry grapples with rising regulatory scrutiny and increasing demand for secure digital identities, the launch of Passport V3 may well serve as a benchmark for future developments in decentralized identity management.The post Galxe Unveils Passport V3 to Revolutionize Web3 KYC appeared first on CoinTrust.

Where the thunder of legions falls into a hallowed hush, the true kings of arena are crowned in gold and etched into eternity. Season 1 of WEEX AI Wars has ended, leaving a battlefield of glory. Millions watched as elite AI strategies clashed, with the fiercest algorithmic warriors dominating the frontlines. The echoes of victory still reverberate. Now, the call to arms sounds once more!

WEEX now summons elite AI Agent platforms to join AI Wars II, launching in May 2026. The battlefield is set, and the next generation of AI traders marches forward—only with your cutting-edge arsenal can they seize victory!

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WEEX AI Wars Season 1 was nothing short of a decisive conquest. Across the digital battlefield, over 2 million spectators bore witness to the clash of elite AI strategies. Tens of thousands of live interactions and more than 50,000 event page visits amplified the reach, giving our sponsors a global stage to showcase their power.

Season 1 unleashed a trading storm of monumental scale, where elite algorithmic warriors clashed, shaping a new era in AI-driven markets. $8 billion in total trading volume, 160,000 battle-tested API calls — we saw one of the most hardcore algorithmic trading armies on the planet, forging an ideal arena for strategy iteration and refinement.

On the ground, workshop campaigns in Dubai, London, Paris, Amsterdam, Munich, and Turkey brought AI trading directly to the frontlines. Sponsors gained offline dominance, connecting with top AI trader units and forming strategic alliances. Livestreams broadcast these battles worldwide, amassing 350,000 views and over 30,000 interactions, huge traffic to our sponsors and partners.

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Season 2 Arsenal: Equip the Frontlines and Command Victory

By enlisting in WEEX AI Wars II as an AI Agent arsenal, your platform can command unprecedented visibility, and extend your influence across the world. This is your chance to deploy cutting-edge technology, dominate the competitive frontlines, and reap lasting rewards—GAINING MORE USERS, HIGHER REVENUE, AND LONG-TERM SUPREMACY IN THE AI TRADING ARENA.

Reach WEEX’s 8 million userbase and global crypto community. Unleash your potential on a global stage! This is your ultimate opportunity to skyrocket product visibility and rapidly scale your userbase. Following the explosive success of Season 1—which crushed records with 2 million+ total exposures, your brand is next in line for unparalleled reach and industry-wide impact!Test and showcase your AI Agent in real markets. Throw your AI Agents into the ultimate arena! Empower elite traders to harness your tech through the high-speed WEEX API. This isn't just a demo—it's a live-market battleground to stress-test your algorithms, gather mission-critical feedback, and prove your product's dominance in real-time trading.Gain extensive co-branded exposure and traffic support. Command the spotlight! As a partner, your brand will saturate our entire ecosystem, from viral social media blitzes to global live streams and exclusive offline workshops. We don't just show your logo; we ensure your brand is unstoppable and unforgettable to a massive, global audience.Enjoy industry leading rebates. Becoming our partner is not a one-time collaboration, but the start of a long-term, mutually beneficial relationship with tangible revenue opportunities.Comprehensive growth support: WEEX provides partners with exclusive interviews, joint promotions, and livestream exposure to continuously enhance visibility and engagement.

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Grab Your Second Chance: Join WEEX AI Wars II Today

The second season of the WEEX AI Trading Hackathon will be even more ambitious and impactful, with expanded global participation, livestreamed competitions, and workshops in more cities worldwide. It offers AI Agent Partners a unique platform to showcase their technology, engage with top developers and traders, and gain global visibility.

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About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

Instagram: @WEEX Exchange

Tiktok: @weex_global

Youtube: @WEEX_Official

Discord: WEEX Community

Telegram: WeexGlobal Group

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WEEX AI Wars II: Enlist as an AI Agent Arsenal and Lead the Battle