SEALSQ Invests in Wecan Token to Advance Post-Quantum Digital Identity and Strengthen Blockchain Security, following a Strategic Partnership with SOLANA
SEALSQ Corp (NASDAQ: LAES) has announced a strategic investment in Wecan Token and a partnership with Solana to enhance blockchain security and digital identity solutions. The integration of Wecan Token with SEALSQ's WISeID platform aims to expand secure identity verification across regulated industries.
The partnership leverages Solana Attestation Service (SAS) to anchor sensitive data like land registries onto the blockchain. Wecan Token, with a capped supply of 6 billion tokens, will serve as a utility token for digital signatures, consent management, and verified data sharing.
Key features include streamlined KYC processes, compliance automation, digital signature authorization, cross-border verification, and tokenized consent management. This initiative particularly benefits banks and financial institutions by reducing operational costs and enhancing security through blockchain-based identity verification.
SEALSQ Corp (NASDAQ: LAES) ha annunciato un investimento strategico in Wecan Token e una partnership con Solana per migliorare la sicurezza blockchain e le soluzioni di identità digitale. L'integrazione di Wecan Token con la piattaforma WISeID di SEALSQ mira a estendere la verifica sicura dell'identità nei settori regolamentati.
La collaborazione sfrutta il Solana Attestation Service (SAS) per ancorare dati sensibili, come i registri catastali, sulla blockchain. Wecan Token, con un'offerta limitata a 6 miliardi di token, fungerà da token utility per firme digitali, gestione del consenso e condivisione di dati verificati.
Le caratteristiche principali includono processi KYC semplificati, automazione della conformità, autorizzazione di firme digitali, verifica transfrontaliera e gestione tokenizzata del consenso. Questa iniziativa è particolarmente vantaggiosa per banche e istituzioni finanziarie, riducendo i costi operativi e aumentando la sicurezza tramite la verifica dell'identità basata su blockchain.
SEALSQ Corp (NASDAQ: LAES) ha anunciado una inversión estratégica en Wecan Token y una alianza con Solana para mejorar la seguridad blockchain y las soluciones de identidad digital. La integración de Wecan Token con la plataforma WISeID de SEALSQ busca ampliar la verificación segura de identidad en industrias reguladas.
La asociación aprovecha el Solana Attestation Service (SAS) para anclar datos sensibles, como registros de tierras, en la blockchain. Wecan Token, con un suministro limitado a 6 mil millones de tokens, funcionará como un token de utilidad para firmas digitales, gestión de consentimiento y compartición de datos verificados.
Las características clave incluyen procesos KYC simplificados, automatización de cumplimiento, autorización de firmas digitales, verificación transfronteriza y gestión tokenizada del consentimiento. Esta iniciativa beneficia especialmente a bancos e instituciones financieras al reducir costos operativos y mejorar la seguridad mediante la verificación de identidad basada en blockchain.
SEALSQ Corp (NASDAQ: LAES)는 블록체인 보안 및 디지털 신원 솔루션 강화를 위해 Wecan Token에 전략적 투자를 발표하고 Solana와 파트너십을 체결했습니다. Wecan Token과 SEALSQ의 WISeID 플랫폼의 통합은 규제 산업 전반에 걸쳐 안전한 신원 확인을 확대하는 것을 목표로 합니다.
이번 파트너십은 Solana Attestation Service(SAS)를 활용하여 토지 등록부와 같은 민감한 데이터를 블록체인에 고정합니다. 총 발행량이 60억 토큰으로 제한된 Wecan Token은 디지털 서명, 동의 관리 및 검증된 데이터 공유를 위한 유틸리티 토큰으로 사용됩니다.
주요 기능으로는 간소화된 KYC 절차, 컴플라이언스 자동화, 디지털 서명 승인, 국경 간 검증 및 토큰화된 동의 관리가 포함됩니다. 이 이니셔티브는 특히 은행 및 금융 기관에 운영 비용 절감과 블록체인 기반 신원 확인을 통한 보안 강화라는 혜택을 제공합니다.
SEALSQ Corp (NASDAQ : LAES) a annoncé un investissement stratégique dans Wecan Token ainsi qu'un partenariat avec Solana pour renforcer la sécurité blockchain et les solutions d'identité numérique. L'intégration de Wecan Token à la plateforme WISeID de SEALSQ vise à étendre la vérification sécurisée d'identité dans les secteurs réglementés.
Le partenariat exploite le Solana Attestation Service (SAS) pour ancrer des données sensibles telles que les registres fonciers sur la blockchain. Wecan Token, avec une offre plafonnée à 6 milliards de tokens, servira de token utilitaire pour les signatures numériques, la gestion du consentement et le partage de données vérifiées.
Les principales fonctionnalités incluent des processus KYC simplifiés, l'automatisation de la conformité, l'autorisation des signatures numériques, la vérification transfrontalière et la gestion tokenisée du consentement. Cette initiative bénéficie particulièrement aux banques et institutions financières en réduisant les coûts opérationnels et en renforçant la sécurité grâce à la vérification d'identité basée sur la blockchain.
SEALSQ Corp (NASDAQ: LAES) hat eine strategische Investition in Wecan Token sowie eine Partnerschaft mit Solana angekündigt, um die Blockchain-Sicherheit und digitale Identitätslösungen zu verbessern. Die Integration von Wecan Token in SEALSQs WISeID-Plattform zielt darauf ab, die sichere Identitätsüberprüfung in regulierten Branchen auszuweiten.
Die Partnerschaft nutzt den Solana Attestation Service (SAS), um sensible Daten wie Grundbuchdaten auf der Blockchain zu verankern. Wecan Token, mit einem begrenzten Angebot von 6 Milliarden Token, wird als Utility-Token für digitale Signaturen, Einwilligungsmanagement und verifizierten Datenaustausch dienen.
Zu den Hauptmerkmalen gehören vereinfachte KYC-Prozesse, Automatisierung der Compliance, Autorisierung digitaler Signaturen, grenzüberschreitende Verifizierung und tokenisiertes Einwilligungsmanagement. Diese Initiative kommt insbesondere Banken und Finanzinstituten zugute, indem sie Betriebskosten senkt und die Sicherheit durch blockchain-basierte Identitätsprüfung erhöht.
- Strategic investment in Wecan Token strengthens SEALSQ's position in digital identity and blockchain security
- Integration with Solana Attestation Service enables secure anchoring of sensitive institutional data
- Expanded utility of Wecan Token across digital signatures, consent management, and verified data sharing
- Potential for operational cost reduction and enhanced security for financial institutions
- Capped supply of 6 billion tokens suggests controlled token economics
- Implementation and integration challenges across different institutions may slow adoption
- Regulatory uncertainties in different jurisdictions could impact global rollout
- Competition from established digital identity and blockchain security providers
Insights
SEALSQ's investment in Wecan Token creates a strategic ecosystem combining post-quantum security with blockchain-based identity verification solutions.
SEALSQ's strategic investment in Wecan Token marks a significant evolution in digital identity solutions that merges blockchain technology with post-quantum security. By integrating Wecan Token with their WISeID platform, SEALSQ is building a comprehensive digital trust ecosystem that addresses several critical market needs.
The partnership with Solana is particularly noteworthy. The integration with Solana Attestation Service creates a powerful infrastructure for anchoring institutional data like land registries directly to blockchain, dramatically reducing fraud potential while enhancing data integrity. This implementation represents one of the more practical and value-generating applications of blockchain technology in government services.
The technical architecture being developed here stands out for its comprehensive approach: hardware-rooted digital certificates provide the foundation layer of security, while blockchain provides immutable record-keeping and verification capabilities. This creates a significantly more robust identity verification system than either technology could provide independently.
For financial institutions, the implications are substantial. The streamlined KYC processes and compliance automation directly address major operational pain points in banking. Regulatory compliance represents an estimated 10-15% of banking operational costs - the automation potential here could meaningfully improve operational efficiency while simultaneously enhancing security.
What's particularly innovative is the tokenized consent management system, which effectively puts customers in control of their data sharing permissions in real-time. This represents a technical solution to GDPR compliance challenges that have plagued financial institutions.
The capped supply of 6 billion tokens creates a defined economic model that could become increasingly valuable as adoption grows across the financial services ecosystem.
Geneva, Switzerland, May 27, 2025 (GLOBE NEWSWIRE) --
SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or the “Company”), a leader in Semiconductors, PKI, and Post-Quantum cybersecurity solutions, today announced a strategic investment in Wecan Token, reinforcing its commitment to secure and decentralized digital identity solutions through the Wecan Token.
This investment marks a significant milestone in SEALSQ’s vision to enable trusted Know Your Customer (KYC) processes, digital identity, and electronic signature services using blockchain-based technologies. The Wecan Token, originally developed to support decentralized compliance through Wecan Comply, is now positioned as a central component in SEALSQ’s digital trust ecosystem. As part of this strategic initiative, SEALSQ is creating a dedicated reserve of Wecan Tokens to support its ecosystem and future integrations.
Enhancing Trust with Blockchain-Backed Identity
By integrating the Wecan Token with WISeID, SEALSQ’s trusted digital identity platform, the company is expanding the reach of secure identity verification across regulated industries. This includes robust KYC compliance, digital onboarding, and verifiable credentials — all supported by tamper-proof blockchain records and hardware-rooted digital certificates.
Wecan and Solana have formed a strategic partnership to revolutionize the way official records are secured and verified. By integrating the Solana Attestation Service (SAS), a cutting-edge solution powered by trusted oracles, Wecan enables institutions to anchor sensitive data, such as land registries, directly onto the Solana blockchain. This collaboration brings a new level of transparency, security, and cost-efficiency to the digitalization of institutional data. The first flagship use case, an on-chain land register, exemplifies how blockchain can mitigate fraud risks, ensure data integrity, and streamline compliance processes for governments and regulatory bodies worldwide.
A Universal Token for Digital Transactions
The Wecan Token now acts as a utility token enabling secure digital signatures, consent management, and verified data sharing. Its role extends beyond regulatory compliance, allowing individuals and organizations to engage in authenticated, legally binding digital transactions with confidence.
Use Cases for Banks and Financial Organizations
Banks and financial institutions stand to gain significant advantages from this integration:
- Streamlined KYC and Onboarding: The use of verifiable credentials and blockchain-based identity proofs reduces onboarding friction, minimizes manual verification efforts, and speeds up account creation.
- Compliance Automation: Smart contracts tied to Wecan Token facilitate real-time, automated compliance with Anti-Money Laundering (AML) and other regulatory frameworks.
- Digital Signature Authorization: Secure, tamper-proof digital signatures can be used for contracts, loan agreements, and internal approvals, ensuring legal validity and auditability.
- Cross-Border Verification: Interoperable digital identities simplify international banking operations by offering instant and trustworthy customer identification across jurisdictions.
- Tokenized Consent Management: Customers can grant or revoke data-sharing permissions in real time, improving transparency and enabling GDPR-compliant personal data handling.
These capabilities help financial institutions reduce operational costs, enhance security, and build customer trust through seamless, transparent, and privacy-centric digital interactions.
Positioned for Growth
With digital identity becoming a cornerstone of both enterprise and personal interactions, the Wecan Token is set to play a pivotal role in next-generation digital services. Its capped supply of 6 billion tokens and expanded utility in identity management and digital signature workflows make it a valuable asset for organizations embracing secure, decentralized trust models.
Carlos Moreira, CEO of SEALSQ, stated: “Our investment in the Wecan Token reflects our long-term belief in the power of decentralized identity. By combining Wecan’s compliance framework with our secure identity infrastructure, we’re unlocking new standards for privacy, interoperability, and trust in the digital economy.”
Vincent Pignon, CEO of Wecan, added: “Partnering with SEALSQ takes the Wecan Token to a new level of strategic importance. By embedding it within a robust post-quantum secure infrastructure, we are enabling the next evolution of trusted interactions for financial institutions, governments, and enterprises worldwide.”
About Wecan Group
Founded in 2015 in Switzerland, Wecan Group is a leading provider of blockchain-based solutions for secure data management, serving individuals, enterprises, and financial institutions. The company is dedicated to improving data handling efficiency in response to the increasing volume of sensitive information being generated globally. By leveraging blockchain technology, Wecan Group promotes the tokenization of data as a solution to common issues related to data completeness, redundancy, and security.
One of Wecan Group’s flagship platforms, Wecan Comply, is a leading platform for orchestrating KYC & KYB compliance data. From onboarding to periodic reviews and audits, the platform seamlessly connects financial institutions through a secure and standardized data exchange protocol.
Wecan Group has established itself as a market leader in Switzerland, recognized and adopted by major wealth management firms, banks, financial intermediaries, and large global enterprises. The platform enables the storage, request, sharing, and management of various types of data, such as KYB and KYC, leveraging the most advanced data exchange and storage infrastructure on the market.
About SEALSQ:
SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable.
SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries.
For more information on our Post-Quantum Semiconductors and security solutions, please visit www.sealsq.com.
Forward-Looking Statements
This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC.
SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
| SEALSQ Corp. Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@sealsq.com | SEALSQ Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 lcati@theequitygroup.com |
FAQ
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