SEALSQ Shares Rise 43% After Saying Its Tech Protects Crypto Transactions - News Summed Up

SEALSQ Shares Rise 43% After Saying Its Tech Protects Crypto Transactions


By Ben GlickmanShares 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. 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 Newswires12-28-23 1019ET


Source: Wall Street Journal December 28, 2023 15:23 UTC



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