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WISeKey International Holding AG American Depositary Shares - WKEY STOCK NEWS

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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.

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WISeKey International Holding Ltd (NASDAQ: WKEY) launched TrustedNFT.IO, a platform for verifying NFT ownership using digital certification and blockchain. The platform ensures that the cryptographic key linking the owner to their NFT is securely stored, preventing deletion or duplication. Recently, WISeKey held a luxury watch NFT auction, achieving a bid of 25 ethers (~$50,000) for a digital twin of Jean-Claude Biver's watch. This innovative approach combines trust and technology, marking a significant step in the NFT market.

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WISeKey International Holding's subsidiary, Arago, announced the release of its HIRO AI Platform on the SAP Store, integrating with SAP Solution Manager. This platform automates support ticket management, enhancing IT efficiency through AI-driven resolutions.

Key benefits include a reduction in incident ticket volume, cost savings in employee hours, and improved service level agreement compliance. This partnership aims to strengthen businesses' digital transformation initiatives, offering competitive advantages in the tech landscape.

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WISeKey and Jean-Claude Biver are hosting the world's first luxury watch NFT auction, extending the bidding period until April 30, 2021. The auction features the digital twin of the Bigger Bang All Black Tourbillon Chrono ‘Special piece’ watch, with current bids reaching 25 ethers (~$50,000). This digital twin aims to ensure certified ownership and authenticity, marking a significant development in luxury watch sales and digital identification technology.

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WISeKey International Holding (NASDAQ: WKEY) has announced the launch of its WISfans NFT platform, aimed at enhancing fan engagement in football. This platform will feature physical and digital collectibles, including signed memorabilia and digital assets. It facilitates blockchain interoperability among football clubs and enables fluid price discovery through fungible tokens. The move is a response to increased demand, particularly during the Covid-19 pandemic, which has heightened interest in digital collectibles. The WISfans platform also emphasizes brand protection and data analytics to boost sales for sports clubs.

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WISeKey International Holding Ltd has successfully launched the world's first NFT auction of a luxury watch, marking a significant milestone in the watch industry. The auction runs from March 31 to April 6, 2021, showcasing the Bigger Bang All Black Tourbillon Chrono, a historically important watch. This auction highlights the integration of NFTs with digital certification of luxury watches, enhancing ownership authenticity. The innovative use of blockchain technology allows for the creation of a digital twin of the physical watch, representing a transformative step in the luxury goods market.

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WISeKey (NASDAQ: WKEY) has partnered with Ocean Protocol to launch WISeART, a decentralized peer-to-peer NFT marketplace for physical art. This platform will combine non-fungible tokens (NFTs) for artworks with fungible tokens for pricing fluidity. The partnership leverages WISeKey's microprocessors to authenticate art pieces and Ocean's market technology for secure trading. WISeART aims to address concerns over art authenticity and provenance, making it easier to trace stolen artworks via blockchain. This collaboration could enhance both companies' positions in the NFT and art markets.

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WISeKey International Holding and luxury watchmaker Jean-Claude Biver have launched the world's first NFT auction for a luxury watch, the Bigger Bang All Black Tourbillon Chronograph. This historic auction is set for March 31, 2021, on the OpenSea platform, marking a significant innovation in the watch industry. The watch will have a digital twin as an NFT, ensuring verified ownership and authenticity. This initiative combines advanced technology and luxury, signaling a new era in watchmaking.

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WISeKey (NASDAQ: WKEY) has announced its groundbreaking luxury NFT auction featuring the iconic Hublot Big Bang "Standard" watch, commencing on March 31, 2021, at 4:00 PM CET via OpenSea MarketPlace. This unique watch, a reference model for future Tourbillon parts, was owned by renowned watchmaker Jean-Claude Biver. The auction aims to showcase the integration of blockchain technology in securing luxury goods. Biver and Carlos Moreira will discuss the implications of NFTs for the luxury watch sector during a live event.

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WISeKey (NASDAQ: WKEY) announced it will auction the first secure luxury NFT watch on March 31, 2021. The NFT watch will come with a digital certificate using unique cryptographic keys for authentication. This auction aims to display WISeKey's innovative technology and attract luxury watch brands to the NFT space. Additionally, the launch of WISe.Art provides a digital certificate of authenticity for art pieces on blockchain. The company currently protects over 2.5 million luxury watches, enhancing trust through cutting-edge authentication technology.

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FAQ

What is the current stock price of WISeKey International Holding American Depositary Shares (WKEY)?

The current stock price of WISeKey International Holding American Depositary Shares (WKEY) is $6.99 as of December 20, 2024.

What is the market cap of WISeKey International Holding American Depositary Shares (WKEY)?

The market cap of WISeKey International Holding American Depositary Shares (WKEY) is approximately 75.0M.

What does WISeKey International Holding AG do?

WISeKey specializes in cybersecurity, digital identity management, and IoT solutions, providing advanced security technologies for data protection and secure identification.

What are the main business segments of WISeKey?

WISeKey operates through SEALSQ Corp, WISeKey SA, WISeSat.Space, and WISe.ART, each focusing on specific aspects like semiconductors, PKI management, satellite communications, and secure NFT transactions.

What recent projects has WISeKey undertaken?

Recent projects include the development of quantum-ready semiconductors, satellite deployments, and enhanced NFT platforms through partnerships like the one with Hedera.

How does WISeKey contribute to digital security?

WISeKey provides secure authentication and identification solutions for IoT, Blockchain, and AI applications, ensuring the integrity of online transactions and secure communications.

What is the WISeKey Root of Trust?

The WISeKey Root of Trust is a cryptographic foundation that ensures secure online transactions and communications, trusted by browsers, mobile devices, and IoT devices globally.

What are some strategic initiatives by WISeKey?

Strategic initiatives include expanding semiconductor personalization centers, developing quantum-resistant technologies, and leveraging satellite technology for secure communications.

What role does WISeKey play in the IoT sector?

WISeKey secures digital identity ecosystems for IoT applications, deploying over 1.6 billion microchips to protect users, devices, data, and transactions in the internet-connected world.

Where can I find more information about WISeKey’s financial performance?

WISeKey's financial performance details can be found in their filed reports with the Securities and Exchange Commission (SEC) and on their official website under the Investor Relations section.

How is WISeKey advancing in the NFT space?

WISeKey’s NFT platform, WISe.ART, is enhancing its capabilities through strategic partnerships, providing secure blockchain-based transactions and fostering a growing community of artists.

What future growth opportunities does WISeKey foresee?

Future opportunities include expanding into new markets with Low Orbit satellite projects, developing innovative cybersecurity solutions, and capitalizing on the growing demand for secure IoT semiconductors.

WISeKey International Holding AG American Depositary Shares

Nasdaq:WKEY

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74.99M
9.79M
0.89%
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