Trust Stamp Extends Fortune 500 Contract To May 2031 With Updated Fee Structure, Unlocking Over $12.7M Revenue Potential From Growing Tech Usage
Author: Benzinga Newsdesk | September 19, 2025 09:48am
Trust Stamp (NASDAQ:IDAI) has announced an amendment to the Software and Licensing Agreements with its Fortune 500 financial services customer extending the contract first entered into in November 2016 to May 31st 2031, subject to customary cancellation rights. The amendment also provides for changes to the fee structure to reflect the growing usage of Trust Stamp's technology with guaranteed minimum monthly fees and annual inflation linked increases. Based on the minimums set out in the amendment, the gross revenue over the balance of the contract term has the potential to exceed $12.7 million.
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