Swiss Firm SEALSQ Acquires Majority Stake in WeCan Group
SEALSQ, a Swiss post-quantum-crypto firm, has acquired a majority equity stake in WeCan Group, increasing its holding from the previous 28% to full control. They have also committed CHF 5 million ($6.1 million) to fund the development of AI-compliance tools for Pictet, Lombard Odier, and Barclays.
Geneva-based SEALSQ is taking a significant step forward in the industry by investing heavily in WeCan Group, a move that promises to revolutionize AI compliance within financial institutions.
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