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SEALSQ Commits up to $30 Million in Cryptocurrency Treasury to Accelerate Post-Quantum Cryptography Initiatives
Globenewswire· 2025-07-22 15:00
Core Viewpoint - SEALSQ Corp is making a strategic move by establishing a cryptocurrency investment fund with a commitment of up to $30 million to enhance its position in the blockchain and post-quantum technology sectors [1][3]. Group 1: Cryptocurrency Investment Fund - The cryptocurrency investment fund will be a strategic treasury vehicle, primarily allocated to a diversified portfolio of high-impact digital assets [2]. - This fund aims to provide financial flexibility and potential hedging opportunities while aligning with emerging digital ecosystems [2]. - The investment is not merely financial but also strategic and technological, emphasizing the importance of securing decentralized technologies against quantum threats [3]. Group 2: Synergies and Utility Tokens - The cryptocurrency treasury will create synergies with utility tokens used across SEALSQ-affiliated companies and support the launch of new tokens as part of the Group's broader Web3 and post-quantum blockchain strategy [3]. - SEALSQ is testing the use of cryptocurrencies and utility tokens for machine-to-machine (M2M) transactions, aiming for autonomous economic interactions among connected devices [4]. Group 3: Financial Position - SEALSQ holds over $170 million in cash and cash equivalents as of July 15, 2025, providing a strong liquidity position to support forward-looking investments [8]. - The cryptocurrency treasury will be actively managed with a long-term outlook, guided by the company's cybersecurity principles and governance framework [9]. Group 4: Post-Quantum Technology - SEALSQ's post-quantum roadmap includes developing hardware-based secure elements and cryptographic chipsets designed to withstand future quantum computing threats [10]. - The company is pioneering Post-Quantum Semiconductors that provide robust protection for sensitive data across various applications, ensuring organizations remain secure against quantum threats [12].