Geneva, Switzerland, May 27 2025 -- SEALSQ Corp (“SEALSQ” or the “Company”), a leader in Semiconductors, PKI, and Post-Quantum cybersecurity solutions, today announced a strategic investment in Wecan Token, reinforcing its commitment to secure and decentralized digital identity solutions through the Wecan Token.

This investment marks a significant milestone in SEALSQ’s vision to enable trusted Know Your Customer (KYC) processes, digital identity, and electronic signature services using blockchain-based technologies. The Wecan Token, originally developed to support decentralized compliance through Wecan Comply, is now positioned as a central component in SEALSQ’s digital trust ecosystem. As part of this strategic initiative, SEALSQ is creating a dedicated reserve of Wecan Tokens to support its ecosystem and future integrations.

Enhancing Trust with Blockchain-Backed Identity

By integrating the Wecan Token with WISeID, SEALSQ’s trusted digital identity platform, the company is expanding the reach of secure identity verification across regulated industries. This includes robust KYC compliance, digital onboarding, and verifiable credentials — all supported by tamper-proof blockchain records and hardware-rooted digital certificates.

Wecan and Solana have formed a strategic partnership to revolutionize the way official records are secured and verified. By integrating the Solana Attestation Service (SAS), a cutting-edge solution powered by trusted oracles, Wecan enables institutions to anchor sensitive data, such as land registries, directly onto the Solana blockchain. This collaboration brings a new level of transparency, security, and cost-efficiency to the digitalization of institutional data. The first flagship use case, an on-chain land register, exemplifies how blockchain can mitigate fraud risks, ensure data integrity, and streamline compliance processes for governments and regulatory bodies worldwide.

A Universal Token for Digital Transactions

The Wecan Token now acts as a utility token enabling secure digital signatures, consent management, and verified data sharing. Its role extends beyond regulatory compliance, allowing individuals and organizations to engage in authenticated, legally binding digital transactions with confidence.

Use Cases for Banks and Financial Organizations

Banks and financial institutions stand to gain significant advantages from this integration:

• Streamlined KYC and Onboarding: The use of verifiable credentials and blockchain-based identity proofs reduces onboarding friction, minimizes manual verification efforts, and speeds up account creation.
• Compliance Automation: Smart contracts tied to Wecan Token facilitate real-time, automated compliance with Anti-Money Laundering (AML) and other regulatory frameworks.
• Digital Signature Authorization: Secure, tamper-proof digital signatures can be used for contracts, loan agreements, and internal approvals, ensuring legal validity and auditability.
• Cross-Border Verification: Interoperable digital identities simplify international banking operations by offering instant and trustworthy customer identification across jurisdictions.
• Tokenized Consent Management: Customers can grant or revoke data-sharing permissions in real time, improving transparency and enabling GDPR-compliant personal data handling.

These capabilities help financial institutions reduce operational costs, enhance security, and build customer trust through seamless, transparent, and privacy-centric digital interactions.

Positioned for Growth

With digital identity becoming a cornerstone of both enterprise and personal interactions, the Wecan Token is set to play a pivotal role in next-generation digital services. Its capped supply of 6 billion tokens and expanded utility in identity management and digital signature workflows make it a valuable asset for organizations embracing secure, decentralized trust models.

Carlos Moreira, CEO of SEALSQ, stated: “Our investment in the Wecan Token reflects our long-term belief in the power of decentralized identity. By combining Wecan’s compliance framework with our secure identity infrastructure, we’re unlocking new standards for privacy, interoperability, and trust in the digital economy.”

Vincent Pignon, CEO of Wecan, added: “Partnering with SEALSQ takes the Wecan Token to a new level of strategic importance. By embedding it within a robust post-quantum secure infrastructure, we are enabling the next evolution of trusted interactions for financial institutions, governments, and enterprises worldwide.”