SEALSQ stock gains on post-quantum KYC deal announcement

Published 3 weeks ago Positive
SEALSQ stock gains on post-quantum KYC deal announcement
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* SEALSQ Corp. (NASDAQ:LAES [https://seekingalpha.com/symbol/LAES]) shares rose 10% in pre-market trading on Wednesday, extending gains to a third-straight session, after the company announced [https://seekingalpha.com/pr/20265167-sealsq-and-wecan-announce-collaboration-to-develop-post-quantum-kyc-solution-to-secure-client]a strategic partnership to develop a post-quantum Know Your Customer (KYC) solution.
* This initiative aims to secure client data from collection to processing, addressing the growing risk of future decryption by state or malicious actors as quantum computing capabilities evolve.
* “This partnership represents a major step forward in preparing regulated institutions for the post-quantum era,” said Carlos Moreira, CEO of SealSQ. “Through our quantum-resistant technologies, we will ensure that sensitive client data remains secure, even against future quantum attacks.”

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