Welcome to our dedicated page for WISeKey International Holding American Depositary Shares news (Ticker: WKEY), a resource for investors and traders seeking the latest updates and insights on WISeKey International Holding American Depositary Shares stock.
WISeKey International Holding AG (NASDAQ: WKEY) is a global leader in cybersecurity, digital identity management, and the Internet of Things (IoT) solutions. The company specializes in providing advanced security technologies for data protection, secure identification, and authentication across physical infrastructures, networks, and the internet, ensuring secure communications and e-transactions without compromising trust.
WISeKey operates through several distinctive subsidiaries, each contributing uniquely to its expansive technology portfolio:
- SEALSQ Corp: Focuses on semiconductors, Post-Quantum technology, and provisioning services. Recent investments include the development of quantum-ready semiconductors and the establishment of an Open Semiconductors Assembly and Test (OSAT) Center.
- WISeKey SA: Specializes in Public Key Infrastructure (PKI) management and cryptographic root keys, which are essential for secure digital communications and transactions.
- WISeSat.Space: Focuses on cost-effective satellite deployments through picosatellites, contributing to sectors like agriculture, logistics, and environmental monitoring.
- WISe.ART: Operates in the NFT space and has recently partnered with Hedera to enhance the WISe.ART platform for secure NFT transactions.
WISeKey's innovations are central to the increasingly connected digital ecosystem, providing secure digital identities for individuals, groups, organizations, and communities globally. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. Trusted by the OISTE/WISeKey cryptographic Root of Trust, the company ensures the integrity of online transactions between objects and people.
In 2023, WISeKey achieved significant financial growth, driven by its diversified business model and strategic investments in emerging technologies like blockchain, AI, and IoT. The company continues to expand its footprint with new projects such as the Low Orbit satellite initiatives, upcoming semiconductor personalization centers, and innovations in digital identity and cybersecurity solutions.
WISeKey International Holding Ltd announced that its CEO, Carlos Moreira, will present at the Imperial Capital Security Investor Conference on December 15, 2021, at 10:30 am ET.
The presentation will highlight the company's innovative NFT blockchain technology and the WISe.ART Marketplace, which gained recognition during Art Basel Miami. The marketplace aims to auction historical art, luxury items, and more, linking digital assets to their physical counterparts while offering proof of ownership and monetization opportunities.
WISeKey unveiled its WISe.ART Marketplace at the International Art Week during Art Basel Miami, showcasing NFTs and luxury items like historical documents and sports cards. The marketplace offers verifiable NFTs linking digital assets with their physical counterparts, enhancing authenticity and ownership proof. Key developments include a new NFT patent application, a secure operational platform, and collaborations with Polygon for trusted NFT solutions. The platform emphasizes KYC processes and plans to launch TrusteCoin in Q1 2021, further integrating the art and luxury goods market with DeFi opportunities.
WISeKey has partnered with Luminaries 21 and OISTE Foundation to launch an NFT series titled “The 1091 Leaders for ONE Humanity” during Art Basel Miami. This initiative highlights 1,091 global leaders across various fields and features a unique NFT artwork by Pedro Sandoval, commemorating their contributions to humanity. The artwork will be auctioned on the WISe.Art Marketplace. Additionally, WISeKey aims to present a prestigious collection at the World Economic Forum in Davos in January 2022, showcasing collaboration with world leaders in technology, art, sports, and more.
WISeKey International Holding (NASDAQ: WKEY) launched the WISe.ART NFT platform during Art Basel Miami Beach, enhancing digital art transactions. The platform allows artists like Luca Bonfanti and Vika Kova to showcase their work. Beginning February 14, 2022, artworks will be available for sale, with a preview in Davos from January 17-21, 2022. The platform integrates a patented NFT tokenization method ensuring ownership and provenance of digital assets. Artists can benefit from smart contracts for royalty participation, creating new funding opportunities.
WISeKey International Holding (NASDAQ: WKEY) announced a metaverse holograminar for its Investor Day on December 13, 2021, at Nasdaq MarketSite, NYC. The event will feature the integration of MyWISeID digital signatures with hologram technology to enhance secure communications and transactions. WISeKey's NFT platform ensures authenticated digital identities and enables users to control their information-sharing preferences. The hybrid event includes management presentations on recent developments and a product showcase, with participation from industry partners like Parrot and CasperLabs.
WISeKey International Holding has announced the launch of the Mister Bitcoin NFT by renowned artist Pedro Sandoval during Art Basel Miami Beach week. This NFT will be auctioned from January 17 to 21, 2022, on the WISe.ART platform, which focuses on luxury goods and high-end collectibles. The NFT represents a virtual asset linked to a physical sculpture. The auction utilizes WISeKey's security technology to ensure authenticity and ownership. The company continues to enhance its digital identity services and aims to provide innovative funding opportunities for artists.
WISeKey has established a strategic partnership with Luminaries21.com and OISTE.ORG Foundation to develop high-level NFTs for Good. This collaboration aims to create NFTs associated with social causes, in line with the United Nations' sustainable development goals. The initiative focuses on building a metaverse for world leaders and celebrities to promote humanitarian efforts. The partnership will leverage WISeKey's advanced technology to enable secure digital identity and NFT transactions, enhancing fundraising for global social initiatives.
WISeKey International Holding Ltd (NASDAQ: WKEY) announced a revenue guidance of $20 million for full year 2021, marking a 32% increase compared to 2020. This growth is attributed to new customer acquisition and a 20% contribution from AI revenue. As of November 19, 2021, the company reported a robust cash position of over $37 million, enabling investments in cybersecurity and IoT initiatives. Key developments include advancements in decentralized digital identity solutions and a partnership for NFT blockchain applications.
WISeKey has renewed its supply agreement with HID Global, part of ASSA ABLOY, to provide smart card reader chips for healthcare applications. In 2022, WISeKey will supply high-end chips for the OMNIKEY® product range, enhancing security in access management across various industries. The smart card market is projected to grow significantly, reaching $16.9 billion by 2026, driven by the demand for secure identification technologies. WISeKey's advanced semiconductor solutions and long-standing relationship with HID Global position it well in this expanding market.
FAQ
What is the current stock price of WISeKey International Holding American Depositary Shares (WKEY)?
What is the market cap of WISeKey International Holding American Depositary Shares (WKEY)?
What does WISeKey International Holding AG do?
What are the main business segments of WISeKey?
What recent projects has WISeKey undertaken?
How does WISeKey contribute to digital security?
What is the WISeKey Root of Trust?
What are some strategic initiatives by WISeKey?
What role does WISeKey play in the IoT sector?
Where can I find more information about WISeKey’s financial performance?
How is WISeKey advancing in the NFT space?