diff --git a/packages/api-derive/src/accounts/identity.ts b/packages/api-derive/src/accounts/identity.ts
index 815261440a..7fc432e543 100644
--- a/packages/api-derive/src/accounts/identity.ts
+++ b/packages/api-derive/src/accounts/identity.ts
@@ -10,7 +10,7 @@ import type { DeriveAccountRegistration, DeriveHasIdentity } from '../types';
 
 import { combineLatest, of } from 'rxjs';
 import { map, switchMap } from 'rxjs/operators';
-import { u8aToString } from '@polkadot/util';
+import { isHex, u8aToString } from '@polkadot/util';
 
 import { memo } from '../util';
 
@@ -121,13 +121,21 @@ export function hasIdentityMulti (instanceId: string, api: ApiInterfaceRx): (acc
             const superOfOpt = supers[index];
             const parentId = superOfOpt && superOfOpt.isSome
               ? superOfOpt.unwrap()[0].toString()
-              : null;
-            const hasIdentity = !!parentId || !!(identityOfOpt && identityOfOpt.isSome);
+              : undefined;
+            let display: string | undefined;
 
-            return { hasIdentity, parentId };
+            if (identityOfOpt && identityOfOpt.isSome) {
+              const value = dataAsString(identityOfOpt.unwrap().info.display);
+
+              if (value && !isHex(value)) {
+                display = value;
+              }
+            }
+
+            return { display, hasIdentity: !!(display || parentId), parentId };
           })
         )
       )
-      : of(accountIds.map(() => ({ hasIdentity: false, parentId: null })))
+      : of(accountIds.map(() => ({ hasIdentity: false })))
   );
 }
diff --git a/packages/api-derive/src/accounts/types.ts b/packages/api-derive/src/accounts/types.ts
index d0d0124413..392a2c7079 100644
--- a/packages/api-derive/src/accounts/types.ts
+++ b/packages/api-derive/src/accounts/types.ts
@@ -37,6 +37,7 @@ export interface DeriveAccountInfo {
 }
 
 export interface DeriveHasIdentity {
+  display?: string;
   hasIdentity: boolean;
-  parentId: string | null;
+  parentId?: string;
 }