SEALSQ Shares Rise 43% After Saying Its Tech Protects Crypto Transactions
28 December 2023 - 3:34PM
Dow Jones News
By Ben Glickman
Shares of SEALSQ surged Thursday after the company said it had
developed technology designed to protect cryptocurrency
transactions.
The stock was up 43% to $1.65 in morning trading. Shares have
fallen 17% over the last three months.
The semiconductor-technology developer said that its
post-quantum semiconductor technology could protect blockchain
transactions against attacks from quantum computing.
SEALSQ said its technology uses cryptographic algorithms that
are resistant to breaches perpetrated with quantum computers.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
December 28, 2023 10:19 ET (15:19 GMT)
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