US Stock Market Move | Strategic cooperation reached with Swiss Wecan Group SA, SEALSQ Corp (LAES.US) rises over 19%

On Tuesday, SEALSQ Corp (LAES.US), which focuses on the research and commercialization of quantum semiconductor technology, saw its stock price rise. As of the time of writing, the stock had surged over 19% to $7.35. In terms of news, SEALSQ Corp has reached a strategic partnership with the leading Swiss compliance technology provider Wecan Group SA to jointly develop Post-Quantum KYC (Know Your Customer intelligent solution). It is reported that this cooperation aims to protect customer privacy throughout the entire process from data collection to processing, in order to address potential risks of data decryption by national or malicious actors as quantum computing capabilities continue to strengthen in the future. The two parties plan to establish a security system at the level of resistance to quantum attacks for compliance checks and identity verification in the financial industry through technological integration.