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Keyfactor Announces Intent to Acquire Cofide to Bring Verified Identity to AI Agents and Cloud Workloads

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3 months ago

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The acquisition will extend the Keyfactor Trust Control Plane to workloads and AI agents, giving security teams one system to manage and govern every non-human identity across the enterprise.

ATLANTA and STOCKHOLM, July 27, 2026 /PRNewswire/ — Keyfactor, the leader in trust infrastructure for AI and machines, today announced the intent to acquire UK-based Cofide, an identity platform that secures the software workloads and AI agents running across today’s cloud environments. The acquisition will extend the Keyfactor Trust Control Plane to workloads and AI agents, giving security teams one system to manage and govern non-human identities across the enterprise.

As enterprises adopt AI, the automated systems acting inside their environments now far outnumber employees, and the gap is widening. Yet most of these systems are still secured with static credentials that can be copied or stolen, giving whoever holds them the same access as the system itself. Cofide takes a different approach by limiting agent authority giving each workload and AI agent its own verified identity that is unique, short-lived, and runs specific agent outcomes. The solution brings the same standards-based trust to AI that enterprises already expect for their people, devices, and applications.

“At Keyfactor, we’ve built a track record of expanding our platform capabilities to meet the evolving demands of digital trust and security,” said Jordan Rackie, Chief Executive Officer, Keyfactor. “Our intent to acquire Cofide is another step in that journey. As AI agents, machine identities, and autonomous workloads become critical to business operations, trust infrastructure must evolve to keep pace. Cofide strengthens our vision for the Trust Control Plane by extending trusted identity beyond traditional systems and enabling our customers to securely manage the next generation of digital actors with the same confidence they rely on today.”

“Customers stall on securing their workloads because it is operationally hard, not because the technology falls short,” said Gün Akkor, Chief Product and Technology Officer, Keyfactor. “Cofide makes it practical, and the Trust Control Plane makes it something enterprises can operate and prove at scale.”

Keyfactor’s Trust Control Plane was built on the premise that trust infrastructure is foundational to every digital interaction. As new workloads and AI agents emerge at scale, Cofide strengthens Keyfactor’s platform strategy by adding modern workload and agent identity capabilities that naturally integrate into the broader vision for enterprise trust infrastructure. Organizations are looking for a comprehensive trust infrastructure platform, and by leveraging the Cofide Connect solution, they can extend trusted identity deeper into cloud-native and agentic architectures while remaining anchored to a centralized Trust Control Plane.

“We built Cofide to provide an open standards-based trust layer that unifies workload IAM across multiple cloud platforms and environments, reducing operational complexity while strengthening our customer’s security,” said Matthew Bates, Founder and CEO, Cofide. “AI agents are proliferating faster than most organizations can secure them. Joining Keyfactor allows us to accelerate delivery of that vision at a scale and depth of trust no standalone company could achieve, exactly when customers need it most.”

Cofide’s team and technology will join Keyfactor immediately, strengthening the company’s vision of delivering comprehensive trust infrastructure in the AI and quantum era.

For more information, please visit: https://www.keyfactor.com/blog/why-we-intend-to-acquire-cofide-verified-identity-for-workloads-and-ai-agents/

About Keyfactor

Keyfactor is the leader in trust infrastructure for AI and machines. The platform equips enterprises to take control of the machine identities and cryptography that safeguard every digital interaction. By bringing fragmented tools and assets into a single control plane, security teams can see their cryptographic landscape, find and remediate risk exposure, roll out compliant and quantum-safe cryptography, and issue a cryptographic identity to every machine, workload, and AI. Trusted by the largest enterprises and government agencies, Keyfactor delivers the resilient foundation organizations need to keep running uninterrupted in the AI and quantum era. Learn more at www.keyfactor.com or follow Keyfactor on LinkedIn.

About Cofide

Cofide is an open-standards identity platform that secures application workloads and AI agents across any cloud environment. Built on open standards including SPIFFE, OAuth, and OIDC, Cofide gives every workload its own verified, short-lived identity, replacing static secrets with cryptographic proof of what a workload is, across hybrid and multi-cloud environments.

Media Contact: 
Danielle Ostrovsky Hi-Touch PR for Keyfactor 
Ostrovsky@Hi-TouchPR.com 

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SOURCE Keyfactor

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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35 minutes ago

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October 23, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/howard-hughes-holdings-set-to-join-sp-smallcap-600-302918511.html

SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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2 hours ago

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October 23, 2026

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/chelsea-fc-announces-multi-year-sleeve-partnership-with-sokin-the-business-payments-and-fx-platform-302918466.html

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Amy Johnson Appointed President of GDIT

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2 hours ago

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October 23, 2026

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RESTON, Va., Oct. 23, 2026 /PRNewswire/ — General Dynamics (NYSE:GD) announced today that Amy Johnson has been appointed as president of GDIT, effective November 3.

Johnson is a 27-year veteran of General Dynamics Mission Systems, where she held increasingly senior roles in engineering, engineering management and business leadership across cybersecurity, defense electronics, space and intelligence systems, most recently as vice president and general manager for Space, Cyber and Intelligence. She earned bachelor’s and master’s degrees in computer science and computer systems engineering. 

“Amy has a proven track record of leading teams to solve complex and highly technical challenges for our customers,” said Phebe Novakovic, CEO of General Dynamics. “I am confident that her dynamic leadership, operational rigor and deep commitment to our values and culture will deliver value to our customers, employees and shareholders.”

GDIT delivers digital modernization, cloud computing, artificial intelligence, cybersecurity and software development solutions to the U.S. federal government, defense, intelligence agencies and other customers. It is a business unit of General Dynamics, a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 120,000 people worldwide and generated $52.6 billion in revenue in 2025. More information is available at gd.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/amy-johnson-appointed-president-of-gdit-302918411.html

SOURCE General Dynamics

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