- SEALSQ Corp (LAES, Financial) commits up to $30 million in cryptocurrency to bolster post-quantum cryptography initiatives.
- The investment will primarily focus on a diversified portfolio of high-impact digital assets, including Bitcoin (BTC) and Ethereum (ETH).
- This initiative supports SEALSQ's mission to secure decentralized infrastructures against quantum threats.
SEALSQ Corp (LAES), a leader in semiconductor and post-quantum technology solutions, has announced the establishment of a cryptocurrency investment fund worth up to $30 million. The fund aims to support the company's ongoing post-quantum cryptography initiatives, reinforcing its commitment to secure, decentralized infrastructures resistant to future quantum computing risks.
As part of this strategy, SEALSQ will allocate its cryptocurrency treasury to a diversified portfolio of digital assets, including its native utility token QAIT, WeCan Token, Hedera (HBAR), Bitcoin (BTC), and Ethereum (ETH). The investment not only provides financial flexibility but also aligns with SEALSQ's broader Web3 and post-quantum blockchain strategy.
Carlos Moreira, Founder and CEO of SEALSQ, stated, "This commitment is both strategic and technological. As quantum computing advances, securing decentralized technologies is essential. Our cryptocurrency treasury initiative reinforces our commitment to a post-quantum world built on integrity, privacy, and decentralization."
The fund will also facilitate the testing of cryptocurrencies and utility tokens for machine-to-machine (M2M) transactions. Enabled by SEALSQ’s post-quantum secure semiconductors, the initiative envisions future technologies, such as autonomous vehicles and smart city infrastructures, executing secure, autonomous economic transactions.
SEALSQ maintains a robust financial position with over $170 million in cash and equivalents, allowing the company to make forward-looking investments without sacrificing its operational and R&D capabilities. The cryptocurrency treasury will be managed with a long-term outlook and guided by stringent cybersecurity principles.
