Sealsq Corp Secures $50M Funding Dedication from GEM Digital Restricted By means of a Structured Token Subscription Settlement

• The funding dedication from GEM Digital Restricted, a digital asset funding agency primarily based in The Bahamas that actively sources, buildings and invests in utility tokens listed on over 30 CEXs and DEXs globally. World Rising Markets (“GEM”) is a $3.4 billion different funding group with workplaces in Paris, New York, and the Bahamas.
• Moreover, The Hashgraph Group, a frontrunner within the design, growth, and deployment of Hedera-powered DLT options on the Hedera community, has signed an settlement with WISeKey to supply preliminary funding into SEALCOIN AG, engineering and technical experience, and strategic steerage within the Web3 financial system.

WISeKey Worldwide Holding Ltd. (WKEY), a number one international cybersecurity and IoT firm working as a holding firm, at the moment introduced that SEALCOIN AG has secured a $50 million token funding dedication from GEM Digital Restricted. SEALCOIN AG has been established by WISeKey to function a Particular Objective Automobile (“SPV”) to accommodate its decentralized know-how undertaking, SEALCOIN. This vital monetary dedication by GEM can be utilized to develop DePIN, leveraging the Hedera DLT ledger and its sensible contracts.

Carlos Moreira, CEO of WISeKey, commented, “The funding dedication by means of a Token Subscription Settlement from GEM not solely displays our shared values but additionally represents a big milestone in advancing SEALCOIN’s imaginative and prescient. The $50 million funding dedication from GEM Digital Restricted can be pivotal in accelerating the event of SEALCOIN’s DePIN. The funds offered by GEM can be directed in direction of enhancing the platform’s capabilities, guaranteeing scalable, environment friendly, and strong IoT transaction options and promote the usage of SEALCOIN as Machine-to-Machine token worldwide.”

Moreover, THG, a frontrunner within the design, growth, and deployment of Hedera-powered DLT options on the Hedera community, has signed an settlement with WISeKey to supply preliminary funding into SEALCOIN AG, engineering and technical experience, and strategic steerage within the Web3 financial system. THG, a Swiss-based digital innovation and enterprise constructing firm mandated by The Hashgraph Affiliation (THA) for the supply and operation of strategic Hedera-enablement applications, is specialised within the digital empowerment of startups, enterprises, and authorities establishments by means of its confirmed innovation and enterprise constructing applications, leveraging the Hedera community. The SEALCOIN undertaking goals to revolutionize the Web of Issues (IoT) utilizing Hedera’s decentralized ledger know-how (DLT) by enabling autonomous transactions and repair exchanges amongst IoT gadgets by means of its utility token, SEALCOIN.

The platform addresses the rising want for environment friendly and reliable transactions within the IoT sector, notably in Transactional IoT (t-IoT), by leveraging Hedera’s DLT ledger, Hedera Good Contract Service (HSCS), Hedera Token Service (HTS), and the Hedera Consensus Service (HCS). This creates a DePIN that enables IoT gadgets to autonomously negotiate, execute, and settle transactions with out human intervention or intermediaries, enhancing effectivity, safety, and reliability.

THG’s funding will improve SEALCOIN AG’s capacity to develop scalable and strong IoT transaction options on Hedera. The assist consists of not solely monetary backing but additionally technical engineering experience, token economics, and strategic steerage in Web3.

GEM Digital Restricted, a digital asset funding agency primarily based in The Bahamas, actively sources, buildings, globally, the agency actively sources, buildings, and invests in utility tokens listed on over 30 CEXs and DEXs globally. GEM is a $3.4 billion different funding group with workplaces in Paris, New York, and Bahamas.

SEALCOIN AG is on the forefront of revolutionizing the IoT panorama. By means of the strategic investments from THG and GEM Digital, SEALCOIN is ready to remodel IoT with its state-of-the-art DePIN companies platform, designed to allow autonomous transactions and service-for-payment exchanges amongst IoT gadgets.

THE SEALCOIN Challenge – Leveraging Blockchain and DLT for IoT

The SEALCOIN undertaking harnesses the facility of Blockchain and Decentralized Ledger Know-how (DLT) to facilitate seamless and safe interactions between gadgets. Using the Hedera DLT ledger and its sensible contracts, SEALCOIN delivers a decentralized infrastructure that empowers IoT gadgets to autonomously negotiate, execute, and settle transactions. This progressive method eliminates the necessity for human intervention or pointless intermediaries, enhancing the effectivity, safety, and reliability of IoT interactions.

The SEALCOIN platform is presently in growth and anticipated to go reside in This autumn this 12 months. WISekey is presently within the technique of finalizing the regulatory necessities to have the ability to concern the token to shoppers and traders utilizing this know-how. A Proof of Idea for the usage of SEALCOIN on a t-IoT has already been developed and is out there for basic overview on this hyperlink https://youtu.be/daOvoOxqGvQ.

Transformative Use Instances of SEALCOIN

1. Good House Automation: SEALCOIN permits sensible gadgets to autonomously deal with transactions for vitality consumption, upkeep, and subscription companies, elevating the idea of a self-sufficient sensible residence.
2. Provide Chain Administration: SEALCOIN facilitates automated transactions and seamless knowledge exchanges between sensors, trackers, and administration programs, enhancing effectivity and transparency in logistics.
3. Autonomous Automobiles: SEALCOIN manages micro-transactions for tolls, parking, charging stations, and knowledge exchanges with visitors administration programs, pioneering a brand new period in autonomous transportation.
4. Good Cities: SEALCOIN permits M2M transactions for public transportation, environmental monitoring, and useful resource administration, enhancing city operations and sustainable metropolis residing.
5. Healthcare Gadgets: Wearables and implantable gadgets can make the most of SEALCOIN for safe knowledge switch and automatic funds for diagnostic or monitoring companies, guaranteeing a seamless healthcare expertise.
6. Power Buying and selling: SEALCOIN empowers gadgets like photo voltaic panels and batteries to autonomously commerce extra vitality, optimizing useful resource distribution and selling sustainability.
7. Industrial IoT: SEALCOIN automates transactions between machines, sensors, and programs, lowering operational prices and boosting effectivity in industrial automation.
8. Retail and Shopper Providers: Good merchandising machines and automatic shops can leverage SEALCOIN for easy funds and environment friendly stock administration, revolutionizing the patron expertise.
9. Agricultural Know-how: SEALCOIN enhances farm administration by enabling IoT gadgets to have interaction in knowledge change and repair funds, driving agricultural innovation.
10. Peer-to-Peer Transactions: SEALCOIN facilitates direct M2M transactions in a decentralized method, resulting in a extra distributed and resilient financial system.

SEALCOIN, backed by the technological prowess of WISeKey, isn’t just a token; it is a visionary leap in direction of a extra environment friendly, safe, and interconnected world. Its potential functions throughout varied sectors underscore its capability to revolutionize M2M transactions. As we embrace this new period, SEALCOIN envisions a future the place machines seamlessly and securely work together, making a tapestry of technological synergy that might redefine the material of our each day lives.

For extra info, go to www.sealcoin.ai.

About GEM Digital Restricted

GEM Digital Restricted is a digital asset funding agency. Primarily based in The Bahamas, the agency actively sources, buildings, and invests in utility tokens listed on over 30 CEXs and DEXs globally.

World Rising Markets (“GEM”) is a $3.4 billion different funding group with workplaces in Paris, New York, and Bahamas. GEM manages a various set of funding autos targeted on rising markets and has accomplished over 580 transactions in 72 international locations. Every funding automobile has a unique diploma of operational management, risk-adjusted return, and liquidity profile. The household of funds and funding autos present GEM and its companions with publicity to: Small-Mid Cap Administration Buyouts, Non-public Investments in Public Equities and choose enterprise investments.

About The Hashgraph Group

The Hashgraph Group is an expert innovation and enterprise constructing group that’s targeted on the enablement of entrepreneurs, enterprises, and authorities establishments across the globe by means of the event of enterprise-grade options and decentralized functions on Hedera community. Headquartered in Switzerland, The Hashgraph Group is remitted by The Hashgraph Affiliation because the service supply group for a variety of strategic Hedera-enablement applications targeted on empowering a digital future for all and attaining broad adoption of Hedera globally. For additional info, go to us underneath www.hashgraph-association.com.

About SEALCOIN AG

SEALCOIN AG, a Swiss-based DePIN (Decentralized Bodily Web Community) entity, is remodeling the Web of Issues (IoT) panorama with its SEALCOIN Challenge. Supported by strategic funding from The Hashgraph Affiliation, a frontrunner in digital enablement by means of the Hedera community, SEALCOIN AG is ready to revolutionize IoT.

The SEALCOIN Challenge leverages Hedera’s decentralized ledger know-how (DLT) to create a cutting-edge platform for autonomous transactions and service-for-payment exchanges amongst IoT gadgets. Central to this undertaking is the SEALCOIN utility token, facilitating safe and seamless interactions between gadgets and individuals.

Addressing the rising want for environment friendly and reliable IoT transactions, notably in Transactional IoT (t-IoT), the SEALCOIN platform makes use of Hedera’s DLT, Good Contract Service (HSCS), Token Service (HTS), and Consensus Service (HCS). This infrastructure empowers IoT gadgets to autonomously negotiate, execute, and settle transactions, eliminating the necessity for human intervention or intermediaries, thereby enhancing effectivity, safety, and reliability.

About WISeKey
WISeKey Worldwide Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a worldwide chief in cybersecurity, digital id, and IoT options platform. It operates as a Swiss-based holding firm by means of a number of operational subsidiaries, every devoted to particular features of its know-how portfolio. The subsidiaries embrace (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum know-how merchandise, (ii) WISeKey SA which makes a speciality of RoT and PKI options for safe authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on house know-how for safe satellite tv for pc communication, particularly for IoT functions, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART market for safe NFT transactions, and (v) SEALCOIN AG which focuses on decentralized bodily web with DePIN know-how and home the event of the SEALCOIN platform.

Every subsidiary contributes to WISeKey’s mission of securing the web whereas specializing in their respective areas of analysis and experience. Their applied sciences seamlessly combine into the great WISeKey platform. WISeKey secures digital id ecosystems for people and objects utilizing Blockchain, AI, and IoT applied sciences. With over 1.6 billion microchips deployed throughout varied IoT sectors, WISeKey performs an important position in securing the Web of Every thing. The corporate’s semiconductors generate worthwhile Massive Information that, when analyzed with AI, allow predictive gear failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Belief, WISeKey supplies safe authentication and identification for IoT, Blockchain, and AI functions. The WISeKey Root of Belief ensures the integrity of on-line transactions between objects and other people. For extra info on WISeKey’s strategic path and its subsidiary firms, please go to www.wisekey.com.

Ahead-Trying Statements
Disclaimer:
This communication expressly or implicitly accommodates sure forward-looking statements regarding WISeKey Worldwide Holding Ltd and its enterprise. Such statements contain sure recognized and unknown dangers, uncertainties and different elements, which may trigger the precise outcomes, monetary situation, efficiency or achievements of WISeKey Worldwide Holding Ltd to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. WISeKey Worldwide Holding Ltd is offering this communication as of this date and doesn’t undertake to replace any forward-looking statements contained herein because of new info, future occasions or in any other case.

This press launch doesn’t represent a proposal to promote, or a solicitation of a proposal to purchase, any securities, and it doesn’t represent an providing prospectus throughout the that means of the Swiss Monetary Providers Act (“FinSA”), the FinSa’s predecessor laws or promoting throughout the that means of the FinSA. Buyers should depend on their very own analysis of WISeKey and its securities, together with the deserves and dangers concerned. Nothing contained herein is, or shall be relied on as, a promise or illustration as to the longer term efficiency of WISeKey.