SEALCOIN AG Secures $50M for IoT Blockchain Project
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SEALCOIN AG Secures $50M for IoT Blockchain Project

WISeKey International Holding (WKEY) has released an update.

WISeKey International Holding’s project SEALCOIN AG has attracted a $50 million investment from GEM Digital Limited to develop a Decentralized Physical Internet Network (DePIN) for IoT devices. The investment will boost SEALCOIN’s capabilities in autonomous IoT transactions using Hedera’s decentralized ledger technology. Additionally, The Hashgraph Group will provide technical expertise and strategic guidance in the Web3 economy to further enhance the project’s potential in transforming IoT interactions.

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