SEALSQ SEALCOIN Platform Is Expected To Launch In Q4 2024, Followed By Token Issuance And A Proposed Listing Of SEALCOIN On A Digital Exchange
Portfolio Pulse from Benzinga Newsdesk
SEALSQ Corp (NASDAQ:LAES) announces the launch of SEALCOIN, a Hybrid Payment & Utility Token, expected in Q4 2024. SEALCOIN aims to enable seamless data and currency exchanges across billions of internet-connected devices. The platform will introduce a Machine-to-Machine (M2M) Proof of Concept in mid-July 2024, showcasing its capabilities for Service vs Payment transactions. Following the platform's launch, SEALCOIN will be issued and proposed for listing on a digital exchange. This initiative marks a significant step in secured peer-to-peer transactions in both physical and digital realms.
April 05, 2024 | 12:47 pm
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SEALSQ Corp announces the launch of SEALCOIN, a significant development in cryptocurrency, aiming for a Q4 2024 release. This move could redefine secured transactions, leveraging the company's tech in semiconductors and post-quantum technology.
The announcement of SEALCOIN by SEALSQ Corp represents a significant advancement in the cryptocurrency and secure transaction space. Given the company's focus on semiconductors and post-quantum technology, this move could greatly enhance its market position and investor interest. The launch of a hybrid payment and utility token, along with a M2M Proof of Concept, positions SEALSQ at the forefront of innovation in secure digital transactions. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
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