
Aztec Labs said it will maintain ZKPassport and its iOS app as open-source after acquiring Obsidion, adding a privacy-preserving identity tool to its Ethereum Layer-2 ecosystem amid broader crypto industry consolidation.
Aztec Labs has acquired Obsidion, the company behind the privacy-preserving identity tool ZKPassport, with Obsidion co-founders Michael Elliot and Theo Madzou joining Aztec to continue developing the product and work on additional offerings. Aztec said it plans to keep the ZKPassport protocol and iOS mobile app open-source. ZKPassport lets users prove attributes such as age, nationality, and proof of humanity cryptographically by scanning a passport or government ID via an NFC chip on a phone, without disclosing broader personal information. According to the report, Aztec used ZKPassport in its community token sale and the firms said they verified the nationalities of 17,000 participants for compliance. Aztec Labs is building a privacy-preserving decentralized Layer-2 zk-rollup on Ethereum, and its Ignition Chain had about 136 nodes as of Wednesday. The article also notes Aztec Foundation raised about $60 million worth of ETH in an AZTEC token sale in December, while Aztec Labs has raised about $125 million in venture funding.