diff --git a/packages/ssi-sdk-core/src/utils/__tests__/encoding.test.ts b/packages/ssi-sdk-core/src/utils/__tests__/encoding.test.ts
index 832f1c0e2..ac9cdbfb3 100644
--- a/packages/ssi-sdk-core/src/utils/__tests__/encoding.test.ts
+++ b/packages/ssi-sdk-core/src/utils/__tests__/encoding.test.ts
@@ -7,8 +7,8 @@ describe('@sphereon/ssi-sdk-core:encoding', () => {
 
   // Hex to multibase
   it('should encode hex to multibase base58', () => {
-    expect(hexToMultibase(HEX_EXAMPLE, MultibaseFormat.BASE58)).toEqual({ value: BASE58_EXAMPLE, format: MultibaseFormat.BASE58 })
-    expect(hexToMultibase(HEX_EXAMPLE.toUpperCase(), MultibaseFormat.BASE58)).toEqual({ value: BASE58_EXAMPLE, format: MultibaseFormat.BASE58 })
+    expect(hexToMultibase(HEX_EXAMPLE, MultibaseFormat.BASE58)).toEqual({ value: MULTIBASE_EXAMPLE, format: MultibaseFormat.BASE58 })
+    expect(hexToMultibase(HEX_EXAMPLE.toUpperCase(), MultibaseFormat.BASE58)).toEqual({ value: MULTIBASE_EXAMPLE, format: MultibaseFormat.BASE58 })
   })
   it('should not encode hex to not supported multibase format', () => {
     expect(() => hexToMultibase(HEX_EXAMPLE, 'e' as never)).toThrowError()
diff --git a/packages/ssi-sdk-core/src/utils/encoding.ts b/packages/ssi-sdk-core/src/utils/encoding.ts
index e59a16417..13ce930fa 100644
--- a/packages/ssi-sdk-core/src/utils/encoding.ts
+++ b/packages/ssi-sdk-core/src/utils/encoding.ts
@@ -8,7 +8,7 @@ export function hexToMultibase(hex: string, format: MultibaseFormat): { value: s
   if (format !== MultibaseFormat.BASE58) {
     throw new Error('Only base58 supported for now using multibase!')
   }
-  return { value: base58.encode(hexToBytes(hex)), format }
+  return { value: MultibaseFormat.BASE58 + base58.encode(hexToBytes(hex)), format }
 
   function hexToBytes(hex: string): Uint8Array {
     let bytes: number[] = []