Reported 1 day ago
SEALSQ Corp (NASDAQ:LAES) announced on June 30 that it has acquired a 28.30% equity stake in Swiss blockchain and data compliance company WeCan Group SA. This strategic investment aims to enhance the development of blockchain-based security solutions that will apply to financial services, IoT infrastructure, and Web 3.0 ecosystems. The partnership will combine technologies to develop solutions using post-quantum cryptography and secure compliance frameworks, focusing on creating quantum-safe technology for mission-critical sectors and protecting billions of IoT devices from potential cyber threats.
Source: YAHOO