CyberTech WISe.ART secures investment from The Hashgraph Association

CyberTech WISe.ART secures investment from The Hashgraph Association

WISeKey International, a global leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions, announced its subsidiary, WISe.ART, has successfully closed a strategic investment round with The Hashgraph Association (THA), a Swiss-based non-profit accelerating the global adoption of the Hedera network.

This investment marks a significant step forward in the utilization and expansion of the Hedera network, as well as the development of WISe.Art and SEALCOIN digital assets. Hedera, distinguished for its ultra-low transaction fees and high scalability, is set to revolutionize digital finance with its real-time settlement and network speeds.

SEALCOIN, developed by SEALSQ Corp, a WISeKey subsidiary, is an advanced digital token protocol designed for the burgeoning internet-driven device economy. This innovative protocol aims to facilitate seamless currency and data exchanges among billions of devices.

WISe.ART boasts cybersecurity expertise, digital identity technology and blockchain capabilities to provide a secure marketplace for NFTs.

Carlos Moreira, Founder and CEO of WISeKey, highlighted the investment’s impact on WISe.ART’s future. “This investment from THA will accelerate the development of the WISe.ART platform V3.0 and enhance the Trusted NFT solution. WISe.ART, a comprehensive digital marketplace for the arts and technology sectors, offers unique capabilities including curator and multiplier options, white-labeling, and exclusive NFT designs. The platform is designed to establish authenticated, signed digital assets, ensuring provenance, assurance, and secure ownership.”

Keep up with all the latest FinTech news here.

Copyright © 2023 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.