The Global Legal Entity Identifier Foundation (GLEIF) has launched its new Partners Program, a global initiative aimed at accelerating adoption of Legal Entity Identifiers (LEIs) and verifiable LEIs (vLEIs) across a broad range of industries. The program is intended to foster collaboration between data vendors, financial institutions, technology providers, and other stakeholders to support the development of trusted and interoperable organizational identity frameworks.
Global Collaboration for Trusted Identity
The Partners Program builds on GLEIF’s recent expansion efforts, including its partnership with Chinese business data platform Qichacha and the rollout of the vLEI system, which provides digital credentials for legal entities. These developments have laid the foundation for GLEIF’s broader strategy to establish a secure and standardized ecosystem for digital organizational identity.
Among the initial founding members of the Partners Program are JacobsenID, a Nordic firm specializing in identity assurance; Montran, a payment infrastructure company with operations in over 90 countries; and NETS Solutions, a Singapore-based provider of central bank payment and settlement systems.
“Building a more open and transparent global marketplace is dependent on interoperable, verifiable organizational identity,” said Alexandre Kech, CEO of GLEIF. “By convening organizations from across the world with a shared mission of improving digital trust and maximizing the utility of the (v)LEI, the program promises to enable invaluable exchanges that will advance secure and transparent business interactions.”
Momentum in Asia and Global Standards Alignment
The launch comes amid strong momentum in Asia for GLEIF’s verifiable LEI initiatives. In April 2025, Thailand-based Finema became Southeast Asia’s first Qualified vLEI Issuer, and Hong Kong’s Certizen gained approval to issue vLEIs in the Greater Bay Area. These developments underscore the growing international demand for cross-border identity solutions that can support regulatory compliance, digital onboarding, and fraud prevention.
The Partners Program also reflects alignment with recent updates to global standards. The ISO 17442 standard was recently updated to incorporate vLEI support, creating a standardized framework for issuing verifiable digital credentials to legal entities. This move supports growing regulatory and commercial interest in decentralized identity infrastructure for organizations.
GLEIF’s initiative seeks to catalyze further adoption by engaging participants in knowledge-sharing forums, working groups, and collaborative pilot projects. The organization’s goal is to ensure that the LEI and vLEI systems are accessible, reliable, and interoperable across both public and private sectors worldwide.
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June 4, 2025 – by the ID Tech Editorial Team
