tiprankstipranks
SEALCOIN AG Secures $50M for IoT Blockchain Project
Company Announcements

SEALCOIN AG Secures $50M for IoT Blockchain Project

WISeKey International Holding (WKEY) has released an update.

Don't Miss our Black Friday Offers:

WISeKey International Holding’s project SEALCOIN AG has attracted a $50 million investment from GEM Digital Limited to develop a Decentralized Physical Internet Network (DePIN) for IoT devices. The investment will boost SEALCOIN’s capabilities in autonomous IoT transactions using Hedera’s decentralized ledger technology. Additionally, The Hashgraph Group will provide technical expertise and strategic guidance in the Web3 economy to further enhance the project’s potential in transforming IoT interactions.

For further insights into WKEY stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyWISeKey announces SEALPhone smartphone
TheFlyWISeKey unveils new phase in e-voting technology
TipRanks Auto-Generated NewsdeskWISeKey Secures $30 Million for Cybersecurity Expansion
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App