Community curated by people like you

Meridian stories

Oct 8, 2026

Cardano Foundation spins out Veridian identity unit with tokenized equity

The Cardano Foundation announced it has spun out Veridian, a digital identity company, and tokenized 1 million of its own shares on the platform, with plans to seek strategic partners and investors in 2027.

Oct 8, 2026·2 sources

00

Top claims

▪The Cardano Foundation tokenized most of Veridian's 1 million total equity shares on the Cardano blockchain
▪Masumi, an AI-agent payment and identity network built on Cardano by Serviceplan Group and NMKR, uses Veridian to verify agent credentials prior to payment execution
▪Veridian mapped its digital-identity tools to comply with Utah's SB 275 legislation, which created the State Endorsed Digital Identity Program in May 2026

Topics

Decentralized identity Tokenization Tokenized securities Blockchain technology