Wisekey Internat Stock Price, News & Analysis

WISeKey unveiled its WISe.ART Marketplace at the International Art Week during Art Basel Miami, showcasing NFTs and luxury items like historical documents and sports cards. The marketplace offers verifiable NFTs linking digital assets with their physical counterparts, enhancing authenticity and ownership proof. Key developments include a new NFT patent application, a secure operational platform, and collaborations with Polygon for trusted NFT solutions. The platform emphasizes KYC processes and plans to launch TrusteCoin in Q1 2021, further integrating the art and luxury goods market with DeFi opportunities.

WISeKey has partnered with Luminaries 21 and OISTE Foundation to launch an NFT series titled “The 1091 Leaders for ONE Humanity” during Art Basel Miami. This initiative highlights 1,091 global leaders across various fields and features a unique NFT artwork by Pedro Sandoval, commemorating their contributions to humanity. The artwork will be auctioned on the WISe.Art Marketplace. Additionally, WISeKey aims to present a prestigious collection at the World Economic Forum in Davos in January 2022, showcasing collaboration with world leaders in technology, art, sports, and more.

WISeKey International Holding (NASDAQ: WKEY) launched the WISe.ART NFT platform during Art Basel Miami Beach, enhancing digital art transactions. The platform allows artists like Luca Bonfanti and Vika Kova to showcase their work. Beginning February 14, 2022, artworks will be available for sale, with a preview in Davos from January 17-21, 2022. The platform integrates a patented NFT tokenization method ensuring ownership and provenance of digital assets. Artists can benefit from smart contracts for royalty participation, creating new funding opportunities.

WISeKey International Holding (NASDAQ: WKEY) announced a metaverse holograminar for its Investor Day on December 13, 2021, at Nasdaq MarketSite, NYC. The event will feature the integration of MyWISeID digital signatures with hologram technology to enhance secure communications and transactions. WISeKey's NFT platform ensures authenticated digital identities and enables users to control their information-sharing preferences. The hybrid event includes management presentations on recent developments and a product showcase, with participation from industry partners like Parrot and CasperLabs.

WISeKey International Holding has announced the launch of the Mister Bitcoin NFT by renowned artist Pedro Sandoval during Art Basel Miami Beach week. This NFT will be auctioned from January 17 to 21, 2022, on the WISe.ART platform, which focuses on luxury goods and high-end collectibles. The NFT represents a virtual asset linked to a physical sculpture. The auction utilizes WISeKey's security technology to ensure authenticity and ownership. The company continues to enhance its digital identity services and aims to provide innovative funding opportunities for artists.

WISeKey has established a strategic partnership with Luminaries21.com and OISTE.ORG Foundation to develop high-level NFTs for Good. This collaboration aims to create NFTs associated with social causes, in line with the United Nations' sustainable development goals. The initiative focuses on building a metaverse for world leaders and celebrities to promote humanitarian efforts. The partnership will leverage WISeKey's advanced technology to enable secure digital identity and NFT transactions, enhancing fundraising for global social initiatives.

WISeKey International Holding Ltd (NASDAQ: WKEY) announced a revenue guidance of $20 million for full year 2021, marking a 32% increase compared to 2020. This growth is attributed to new customer acquisition and a 20% contribution from AI revenue. As of November 19, 2021, the company reported a robust cash position of over $37 million, enabling investments in cybersecurity and IoT initiatives. Key developments include advancements in decentralized digital identity solutions and a partnership for NFT blockchain applications.

WISeKey has renewed its supply agreement with HID Global, part of ASSA ABLOY, to provide smart card reader chips for healthcare applications. In 2022, WISeKey will supply high-end chips for the OMNIKEY® product range, enhancing security in access management across various industries. The smart card market is projected to grow significantly, reaching $16.9 billion by 2026, driven by the demand for secure identification technologies. WISeKey's advanced semiconductor solutions and long-standing relationship with HID Global position it well in this expanding market.