Wisekey Internat Stock Price, News & Analysis

WISeKey International Holding Ltd (NASDAQ: WKEY) has partnered with SUNx to promote a climate-friendly WISe.Art NFT platform. This initiative aligns with the UN Sustainable Development Goals and the Paris Climate Agreement, highlighted during the COP26 conference. The platform will integrate features for art, luxury goods, and collectibles, ensuring safety and sustainability in transactions. WISeKey's technology will provide authentication and ownership verification for both digital and physical assets.

WISeKey has enhanced its WISeID digital identity technology by allowing users to mint their digital identities as NFTs on the trustednft.io marketplace. This innovation, supported by a partnership with Polygon, provides users control over their identity information, enabling them to create, sign, and verify identity claims. The platform aims to facilitate safe identity services in the Metaverse, benefiting individuals, corporations, and government institutions. WISeKey's technology underpins secure transactions and interactions in this evolving digital landscape.

WISeKey International Holding Ltd. (NASDAQ: WKEY) announced that CEO Carlos Moreira was interviewed by Steve Bannon to discuss his bestselling book, The transHuman Code. The conversation focused on the balance between technological innovation and human values, emphasizing the importance of a human-centric approach to technology. Moreira noted that the global pandemic highlighted the need for collaboration in technology development, urging for actionable steps to ensure that technology enhances rather than undermines human existence.

WISeKey International Holding Ltd. (NASDAQ: WKEY; SIX: WIHN) announced an Investor Day on December 13, 2021, at Nasdaq MarketSite. This hybrid event will facilitate both in-person and virtual attendance, with pre-registration required. Key topics include recent business developments, financial results, and a growth strategy for 2022. The agenda features management presentations, a product showcase, and a Q&A session. Additionally, one-on-one meetings and a cocktail reception will be held on December 14, followed by participation in the Imperial Capital Security Investor Conference on December 15.

WISeKey has launched a White-Label Trusted NFT Marketplace platform, enhancing its NFT development business segment. This platform offers rapid deployment with an initial cost of $250,000, significantly lower than traditional platforms that can exceed millions in setup fees. The White-Label service includes continuous monitoring, cybersecurity, and identity management. Developers can customize the platform using various technologies like Polygon and Ethereum. This initiative aims to cater to the growing demand for secure and easy-to-use NFT marketplaces.

WISeKey announced the launch of 'The Code to the Metaverse - Programming Our Future For Good' at an exclusive event on October 23, 2021, in Vatican City. Hosted by David Fergusson and Carlos Moreira, the event aims to foster discussions among leaders from diverse sectors on embedding human values in technological advancements. This initiative follows the successful dialogue initiated by their book, 'The transHuman Code.' The event, part of the Elite Global Leader’s Conference, emphasizes collaboration across finance, philanthropy, and technology for a sustainable future.

WISeKey has announced advancements in its cybersecurity and identity management technology aimed at securing NFTs. The WISe.Art platform establishes an irreversible link between physical objects and authenticated digital assets, ensuring proof of ownership and smart contracts for future use. With a marketplace supported by a digital currency, WISeKey collaborates with Polygon to provide Trusted NFTs solutions. The platform includes robust KYC processes and implements WISeID for secure identity verification, further enhancing its offering in the NFT space.

WISeKey reported preliminary 9-month results for 2021, showing a revenue increase of 34% to $15.4 million compared to the same period in 2020. The company's cash reserves stand at $33.7 million, highlighting a robust financial position. Major investments were made in R&D and new microchip designs. WISeKey's WISe.ART NFT platform is focused on the luxury and collectible markets, tapping into a growing NFT sector. Additionally, the company aims to expand its AI and IoT initiatives while ensuring cost management and strategic acquisitions for growth.