SEALSQ Corp (NASDAQ: LAES) stock surged by over 15% following the launch of a digital token and advanced cryptocurrency protocol SEALCOIN.AI in collaboration with Google Cloud as its technology provider.
SEALSQ Corp (LAES) has declared the launch of SEALCOIN.AI in collaboration with Google Cloud as the technology provider.
SEALCOIN is a digital token and an advanced cryptocurrency protocol focusing on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products.
SEALCOIN is designed for the Machine-to-Machine (M2M) economy. It facilitates seamless data and currency exchanges among billions of internet-connected devices, enabling IoT structures from various companies to interact autonomously. SEALSQ has an install base of over 1.6 billion semiconductors that will gradually benefit from the SEALCOIN.
Carlos Moreira, Founder and CEO of SEALSQ, noted,
“The usage of the Google Cloud for the deployment of SEALCOIN will accelerate the development of the SEALSQ platform all together. In a groundbreaking development, SEALSQ is taking a significant step forward in the world of digital finance (DeFi) and IoT with its advanced cryptocurrency protocol, SEALCOIN. This innovative protocol is designed to establish a robust economy specifically for billions of internet-driven devices, enabling them to exchange not just data but also currency seamlessly.”
SEALSQ Corp (NASDAQ: LAES) is a subsidiary of WISeKey International Holding Ltd. (NASDAQ: WKEY), a leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company.
Mark Glenn is a financial journalist and breaking news reporter for ABBO News. Mark is known for his ability to deliver real-time news updates on market developments, mergers and acquisitions, corporate earnings reports, and regulatory changes, helping investors stay informed and make sound financial decisions.
