GLEIF - Global Legal Entity Identifier Foundation

07/09/2025 | Press release | Distributed by Public on 07/09/2025 00:58

GLEIF Confirms TradeGo as Qualified vLEI Issuer, Ushering in a New Era of Trusted Digital Trade

GLEIF Confirms TradeGo as Qualified vLEI Issuer, Ushering in a New Era of Trusted Digital Trade

TradeGo integrates vLEI credentials into blockchain-based solutions to advance cross-border commodity trading, shipping, and payments

  • Date: 2025-07-09
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GLEIF has approved Singapore-based TradeGo Pte. Ltd. as a Qualified vLEI Issuer (QVI), enabling it to issue cryptographically verifiable organizational identities within the vLEI ecosystem. TradeGo, a blockchain-based platform for cross-border commodity trading, integrates vLEI credentials into services like e-bills of lading, digital payments, and e-contracts. This move supports fraud reduction, compliance efficiency, and alignment with trade digitalization laws in Singapore and the UK. Early results show major cost and efficiency gains, reinforcing TradeGo's goal to build a trusted global digital trade network under its GIFTS initiative.

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