Nord vLEI Becomes the First European-based GLEIF Qualified vLEI Issuer

Expanding vLEI ecosystem supports adoption of vLEIs and associated organizational role credentials to meet the global need for automated authentication and verification of legal entities

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The Global Legal Entity Identifier Foundation (GLEIF) and Nord vLEI today announce that Nord vLEI has become the first European-based Qualified vLEI Issuer (QVI) within the verifiable Legal Entity Identifier (vLEI) ecosystem. Nord vLEI is a subsidiary of NordLEI, the leading LEI issuer in Scandinavia and eighth largest globally, with more than 165,000 LEIs issued since 2014.

The vLEI is a new form of digitized organizational identity that meets the global need for automated authentication and verification of legal entities across a variety of industries. By wrapping new and existing LEIs in digital credentials that can be verified, the vLEI offers a digitally trustworthy version of the LEI which can be used to verify the identities of legal entities and their authorized representatives across a rapidly growing number of automated interactions.

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