SEALSQ (LAES) Makes a Strategic Investment in WeCan
According to SEALSQ Corp (NASDAQ:LAES), this investment will help accelerate the development and deployment of blockchain-based security solutions for areas like financial services, IoT infrastructure, and Web 3.0 ecosystems.
A technician soldering a semiconductor chip, emphasizing the power of the company's products.
WeCan Group SA and SEALSQ Corp (NASDAQ:LAES) will work together to combine their technologies and codevelop new solutions. The solutions will mix post-quantum cryptography, secure identity frameworks (KYC/KYB/KYO), and blockchain-powered platforms for compliance.
This deal brings together WeCan Group SA's expertise in the financial compliance space and SEALSQ Corp's (NASDAQ:LAES) hardware-based security to build quantum-safe technology for mission-critical sectors.
The two companies will work to add post-quantum security algorithms to SEALSQ Corp's (NASDAQ:LAES) semiconductors. This will help protect billions of IoT devices from future quantum-based cyber threats.
SEALSQ Corp (NASDAQ:LAES) offers secure semiconductor chips, embedded firmware, and hardware provisioning services. The company focuses on post-quantum technology hardware and software solutions.
While we acknowledge the potential of LAES as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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