DNV GL announces in a press release that the company has bought a minority stake in VeChain. The company, a multi-billion dollar Norwegian international classification society and certification body, has been working closely with VeChain over the past year. This acquisition further strengthens the relationship between the two firms and follows the recent launch of My Story, a blockchain-based digital assurance product built with VeChain.

The press release also mentioned that DNV GL will be one of the 101 authority node holders having the authority to validate and produce blocks on the VeChainThor blockchain.