Sumsub brings reusable, on-chain identity to Caliber’s PURE Pickleball & Padel offering, supporting compliant investor participation in tokenized real estate
Scottsdale, Arizona – Aug 25–Sumsub, the first AI-powered trust infrastructure for compliance at scale, today announced that its identity verification and compliance technology is powering investor onboarding for PURE Pickleball & Padel, the first real estate investment on Caliber’s (Nasdaq: CWD) platform to be tokenized. Sumsub joins Chainlink as one of the technology partners powering the initiative.
As of today, investors in PURE Pickleball & Padel can choose to receive a tokenized digital ownership certificate (the “Token”) or continue using a printed certificate. Before a Token is issued, Sumsub conducts know-your-customer (KYC), sanctions screening, and anti-money-laundering checks. It then publishes a programmable, on-chain accredited investor credential (CCID) within Chainlink’s Automated Compliance Engine (ACE), enabling transfer controls built around each investor’s verified profile. The same credential is reusable across future tokenized offerings, so an investor verifies once rather than repeating the process for every deal.
The integration marks another step in Sumsub’s broader push to extend reusable, on-chain identity beyond crypto-native assets and into regulated real-world asset (RWA) markets. It builds on Sumsub ID, part of Sumsub’s Reusable Digital Identity suite, which lets a user verify once and reuse that verified profile across multiple use cases.
“We are pleased to bring Sumsub’s identity verification services as part of together with other top-tier partners for this tokenization effort, including Chainlink with its Automated Compliance Engine (ACE),” said Chris Loeffler, Chief Executive Officer of Caliber.”Tokenizing PURE Pickleball & Padel gives us a practical first use case where we can connect the technology to a real asset, a real investor experience and a real operating business. We are not changing what investors own. We are applying better technology to make private real estate ownership more transparent, more efficient and ultimately more functional.”
Sumsub has already turned the verified Sumsub ID profile into a portable, on-chain credential through integrations with the Solana Attestation Service and Linea’s Verax Attestation Service. The PURE Pickleball & Padel offering extends the same model into tokenized private real estate, providing one of the first practical examples of reusable identity connecting a regulated real-world asset with infrastructure originally built for DeFi.
“Tokenization of regulated assets works only if the people holding the tokens are who they say they are, and that verification needs to travel with them,” said Ilya Brovin, Chief Growth Officer at Sumsub. “We’ve already seen reusable, on-chain identity change how people move across crypto and Web3 platforms. That’s what makes this more than a digital certificate. We are powering an investor identity that can travel with someone across other tokenized RWA opportunities, not just this one.”
The offering comes as U.S. lawmakers continue to work toward the Digital Asset Market Clarity Act (the CLARITY Act), which would establish clearer federal direction for digital asset markets. Sumsub’s platform is built to operate across evolving regulatory frameworks in more than 220 countries and territories, supporting the kind of institutional, compliance-first tokenization Caliber and its partners are building toward.