WISeKey's SEALCOIN AG Secures $50M Token Investment From GEM Digital Limited To Develop DePIN Using Hedera DLT Ledger; The Hashgraph Group To Provide Technical Expertise And Strategic Guidance
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WISeKey's SEALCOIN AG has secured a $50 million token investment from GEM Digital Limited to develop DePIN using Hedera DLT Ledger. The Hashgraph Group will provide technical expertise and strategic guidance.
August 13, 2024 | 4:02 pm
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WISeKey's SEALCOIN AG has secured a $50 million investment from GEM Digital Limited to develop DePIN using Hedera DLT Ledger, with The Hashgraph Group providing technical expertise.
The $50 million investment is significant for WISeKey, providing substantial capital to develop DePIN using Hedera DLT Ledger. The involvement of The Hashgraph Group adds credibility and technical expertise, likely boosting investor confidence and positively impacting WKEY's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90