Atlanta, GA, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Trust Stamp, a global provider of AI-powered trust, identity and security solutions announced that it is in strategic discussions with Nigeria’s National Information Technology Development Agency (NITDA) to strengthen Nigeria’s digital trust framework. The partnership aims to integrate privacy-first biometric solutions into the nation’s rapidly expanding digital economy. At a meeting in Abuja, NITDA Director General Kashifu Inuwa Abdullahi, focused on how "Digi ...

Core Insights - Trust Stamp is focusing on significant growth in 2026 through acquisitions, customer base expansion, and service offerings enhancement [1] - The company has entered into non-binding letters of intent for two M&A transactions with firms from the UK National Cybersecurity Center's startup program, aiming to close these deals by the end of February 2026 [2] - The acquired companies will provide critical technology and expertise, enhancing existing products and creating new offerings, particularly in AI solutions and crisis training [3][4] Financial and Market Developments - Trust Stamp completed a financing round in Q4 2025 to secure working capital for growth initiatives in 2026 [1] - The proposed M&A transactions will result in less than 2.5% dilution of the current share capital, with minimal cash impact [2] - The company anticipates substantial economic potential from its Stablecoin-focused Wallet of Wallets (WoW) product, with plans for a market launch in Q1 and Q2 2026 [5] African Market Engagement - Trust Stamp has received its first Purchase Order for the Irreversibly Transformed Identity Token (IT2) from a major African telecommunications company, expected to generate 7-figure annual recurring revenue (ARR) [7] - Discussions are ongoing with another telecom provider in Africa, and the company is pursuing similar opportunities across the continent [8] - The company is collaborating with the Nigerian government to identify areas for technology implementation, with a visit planned for February 2026 [9][10] Technology and Product Development - Enrollment on the Orchestration Layer platform in the U.S. has reached 112 institutions, with a 20% increase in transaction volumes [11] - Trust Stamp's engagement with an S&P 500 bank is projected to generate gross annualized revenues between $2.4 million and $2.7 million in 2026 [12] - The company is expanding its identity authentication services in the healthcare sector, with ongoing negotiations for implementations in the EU [14] Intellectual Property and Innovation - Trust Stamp has completed proofs of concept for new biometric technologies, including touchless palm capture and multi-biometric solutions [18] - The company is developing tools to combat AI-powered attacks and plans to submit innovations for third-party certification in Q2 2026 [19] - Recent patent developments include a new patent for multifactor authentication systems, enhancing the company's intellectual property portfolio [20][21]