WISeKey International Holding AG American Depositary Shares - WKEY STOCK NEWS

WISeKey announced its participation in Miami Art Week, showcasing its WISe.ART NFT Marketplace and scouting for emerging artists. The platform aims to support digital and tangible art through NFTs, highlighting their evolving role in the art market. The company emphasizes the significance of tokenization for securing art collections and ensuring ownership. With support for Polygon and CasperLabs blockchains, WISe.ART reduces fees for creators and buyers. The initiative aims to integrate NFTs into everyday life and enhance the art ecosystem.

WISeKey International Holding announced that WISe.ART will mint NFTs of tenor Jonas Kaufmann during the United Nations 'One Humanity Concert' on December 10, 2022, in Geneva. This initiative aims to promote human and artificial intelligence for global betterment in collaboration with ONUART, UNAOC, and OISTE. The NFTs will feature an animated photograph of Kaufmann, emphasizing the synergy between art and technology. WISeKey continues to lead in cybersecurity, AI, and IoT, with a commitment to a global digital identity ecosystem.

WISeKey International Holding announced substantial growth in its semiconductor revenue for FY 2022, expected to reach approximately $22.7 million, a 34% increase from FY 2021. The company forecasts a further 40% revenue growth in FY 2023, driven by strong demand for semiconductors and secured contracts in sectors like medical devices and smart technology. Despite ongoing supply chain challenges, WISeKey is positioned for transformation with a revenue pipeline of $100 million. The company’s IoT technology is poised to capitalize on a rapidly expanding market.

Hiroko Fujioka and WISe.ART will host the physical NFT exhibition “Le Japon à deux Pas” from November 24-26 at Espace Fert, Geneva. This event showcases traditional Japanese arts and crafts, with proceeds supporting children in Ukraine. Fujioka, using her unique Kinkara Kawa Urushi technique, will present modern travel accessories. An NFT auction will occur on November 26 at 3 PM, with part of the revenue benefiting the Red Cross. This initiative highlights the intersection of art, technology, and humanitarian efforts.

WISeKey International Holding has signed a Memorandum of Understanding (MoU) with Italpreziosi and Kaufmann & Partners to establish a joint venture named PreciousMetalVerse.com for commercializing Trusted NFTs backed by gold. This initiative, launching in January 2023, aims to offer a secure way to invest in gold via NFTs without physical transactions. The gold tokens will represent ownership of actual gold bars stored in insured vaults in Switzerland and Italy, enhancing safety and transparency in gold investments.

WISeKey has appointed Renae Rae as the new Director of Sales for North America to expand its business in the region. Renae brings over 20 years of experience in the semiconductor and IoT sectors, having held senior positions at companies like Motorola and Samsung. Her role will focus on enhancing sales channels and addressing the growing demand for large-scale digital identity and AI services in semiconductors. The appointment reflects WISeKey's commitment to meeting client needs in a rapidly evolving market.

WISeKey announced its participation at the SIDO Paris 2022 IoT Exhibition on November 08-09, showcasing its PKI-as-a-service solution, INeS, which supports the MATTER standard. The event will focus on security in IoT identity provisioning, with manufacturers encouraged to ensure their devices are 'Matter-trusted' through PKI. WISeKey’s expertise as a Public Trusted CA will aid IoT manufacturers in achieving compliance. The SaaS model is proposed as an efficient means to implement certificate management in the manufacturing process, enhancing security and efficiency.

WISeKey International Holding Ltd. (NASDAQ: WKEY) announced that its QUASARS project has received the SCS label, recognizing its quality and innovation. This project is part of efforts to develop quantum-resistant cybersecurity solutions based on the WISeKey Secure RISC V platform. The initiative aligns with ANSSI’s guidelines and is supported by the French SCS Cluster, enhancing digital technology sectors. WISeKey aims to lead in building secure digital ecosystems and contributing to national cybersecurity frameworks.

WISeKey and CryptoVerse Island are collaborating on an NFT exhibition in Sevilla on November 17, 2022. The event will showcase innovative NFT art from leading international artists. This marks the first European NFT art exhibition offering 'phygital' art packages on the WISe.ART platform. The exhibition will coincide with the Agripina Awards festival, featuring a new category for NFTs. The partnership aims to promote digital art, secure ownership through blockchain, and enhance visibility for both artists and collectors.