ProofCore Announces Initial Public Offering on Nasdaq Stockholm

Stockholm, Sweden – August 15, 2024

ProofCore AB, a leading innovator in secure digital identity infrastructure, today announced its plans to launch an Initial Public Offering (IPO) on Nasdaq Stockholm, with trading expected to commence on September 16, 2024.

ProofCore was founded to address the rising challenge of authenticity in an era of AI-generated content, deepfakes, and synthetic identities. The company’s mission is simple yet critical: verify that you are human.

Using a proprietary algorithm that uniquely combines advanced AI, behavioral biometrics, and blockchain-based non-transferable identity tokens, ProofCore delivers a secure and privacy-focused identification method that is quantum safe by design.

“This IPO marks a significant milestone for ProofCore as we expand our mission to build a more trustworthy internet,” said Vidar Nordin, CEO and Co-Founder of ProofCore AB. “Our platform ensures that every interaction, from financial transactions to community engagement, can be verified as truly human while protecting personal privacy.”

ProofCore’s platform leverages biometric liveness checks, behavioral biometrics, and a decentralized identity layer to create a new standard for online verification across industries.

Trading will be listed under the ticker symbol PRFC on Nasdaq Stockholm.

For more information about ProofCore AB and the upcoming IPO, please contact:

Investor Relations
ProofCore AB
Stockholm, Sweden
investors@proofcore.com