Wisekey Internat Stock Price, News & Analysis

WISeKey has partnered with Scaleswap and Polygon for the IDO launch of its WISe.Art platform TrusteCoin, set for November 2021. This collaboration leverages Scaleswap's Ethereum Layer 2 scaling for improved user experience. The partnership aims to enhance community building and offer scalable NFT solutions. WISeKey is set to create high-value NFTs, including exclusive collectibles. TrusteCoin will provide governance and utility within the ecosystem, facilitating KYC processes while ensuring anonymity for users.

WISeKey International Holding Ltd (NASDAQ: WKEY) announced on September 24, 2021, the amendment of its $44 million Convertible Notes Subscription Agreements with institutional investors, granting early access to up to $22 million for its NFT platform, WISe.Art, and TrusteCoin token development. The amendment allows for four Accelerated Tranches ranging from $2 million to $5.5 million each. This funding aims to capitalize on the rising demand for trusted NFT solutions, with NFTs market soaring to $2.5 billion in 2021. CEO Carlos Moreira highlighted this as a strategic move to secure a competitive market share in the growing NFT space.

WISeKey International Holding Ltd (NASDAQ: WKEY) has officially launched the Kobe Bryant Autographed Black Mamba Package on its WISe.Art luxury NFT marketplace. The auction will run from September 20 to 28, 2021, featuring only three exclusive rose gold Black Mamba watches. The package includes a limited edition 1/3 18K Rose Gold Tourbillion watch, a signed sneaker, and a custom digital artwork, starting at $1,008,240. This collaboration with GDGC Enterprises aims to tokenize luxury assets while enhancing provenance verification.

WISeKey has signed Memorandums of Understanding (MoUs) with the governments of La Línea and Gibraltar to establish a joint 4th Industrial Revolution (4IR) Center of Excellence. This initiative aims to foster innovation, focusing on emerging technologies such as AI, Blockchain, IoT, and Cybersecurity. The center will launch with WISeSAT Fossa Systems satellites, facilitating R&D and technological advancements. Both local leaders emphasize the project's potential to uplift regional skills and accelerate digital transformation, linking it with WISeKey’s global operations.

WISeKey has appointed Andreas Kindt, former CTO and Board Member of T-Online International AG, to its Advisory Committee. His role will focus on advancing the WISe.Art NFT platform. This platform combines cybersecurity with its own digital currency and operates under a multichain strategy in partnership with Polygon, CasperLabs, and Ocean Protocol. With over 30 years in the ICT sector, Kindt aims to enhance technology deployment and drive transformation in digital assets, including improving ownership proof and trading anonymity.

WISeKey International Holding Ltd (NASDAQ: WKEY) has appointed Sixtine Crutchfield as NFT Art Director to spearhead the artistic growth of its WISe.ART MarketPlace. This follows the commercial launch of the platform on September 1, 2021, aimed at the luxury collectible market. The platform features unique NFT designs linked to physical objects, ensuring ownership verification and provenance through WISeKey’s security technologies. Crutchfield brings extensive experience from art galleries and banking, enhancing the platform's market strategy.

WISeKey International Holding Ltd (NASDAQ: WKEY) announced a collaboration with GDGC Enterprises to host a webinar on September 20, 2021, discussing the auction of an exclusive Kobe Bryant Autographed Black Mamba Package via the WISeArt Trusted Marketplace. The auction features a limited edition 18K Rose Gold Black Mamba Tourbillion watch, signed sneaker, and custom digital artwork, starting at $1,008,240. The webinar will explore the asset tokenization process and establish provenance on the blockchain, as well as discuss the benefits of the WISe.Art platform for luxury NFTs.

WISeKey has partnered with Polygon and GDGC Enterprises to auction a unique NFT package featuring Kobe Bryant's autographed Black Mamba items on the WISe.Art platform. The auction will start on September 20, 2021, with a minimum bid of $1,008,240. This NFT package includes a limited edition Rose Gold Tourbillion watch, a signed sneaker, and custom digital artwork. This collaboration aims to leverage Polygon's low transaction fees and sustainable technology, enhancing customer experience in the luxury NFT market.

WISeKey International Holding (NASDAQ: WKEY) announced its participation in the 23rd Annual H.C. Wainwright Global Investment Conference from September 13-15, 2021. CEO Carlos Moreira will present virtually on September 13, starting at 7:00 a.m. ET. The company will also hold one-on-one meetings with investors. Registration for the conference is open, and a webcast of the presentation will be available online. WISeKey operates in cybersecurity and IoT, boasting over 1.6 billion microchips deployed across various sectors.