SEALSQ completes strategic investment in WeCan Group with acquisition of 28.30% stake
Paris, July 2, 2025
SEALSQ Corp (NASDAQ: LAES), a company specializing in the development and sale of semiconductor hardware and software products, public key infrastructure (PKI) and post-quantum technology, today announced the completion of its strategic investment in WeCan Group SA (“WECAN”), a Swiss SaaS company in the field of blockchain and data compliance (RegTech) serving the Financial Services industry advised by TwinL M&A, through the acquisition of a 28.30% stake in the company.
This investment marks a decisive step in accelerating the development and deployment of quantum-resistant, blockchain-based security solutions in financial services, IoT infrastructures, and Web 3.0 ecosystems.
A strategic alliance to secure the future of finance and IoT
With the transaction now complete, SEALSQ and WECAN will integrate their technologies to jointly develop next-generation solutions combining post- quantum cryptography, secure identity frameworks (KYC/KYB/KYO) and blockchain-based compliance platforms. This alliance combines SEALSQ’s hardware security with WECAN’s established presence in the financial compliance ecosystem to lay the foundation for quantum security for critical industries.
Immediate strategic outcomes include:
- The full integration of SEALSQ’s post-quantum encryption into WECAN, enhancing the KYC and KYB platforms used by leading private banks and external asset managers.
- The joint development of quantum-resistant identity and compliance verification tools, protecting financial institutions, digital asset managers, and DeFi platforms.
- The integration of post-quantum security algorithms into SEALSQ semiconductors, strengthening the protection of billions of IoT devices against future quantum cyber threats.
- Expansion of decentralized identity (DID) solutions for secure and sovereign identity in Web 3.0 ecosystems.
- Deployment of advanced object recognition (KYO) solutions specifically designed to improve identity management and compliance in the finance and defense sectors.
Carlos Moreira, CEO of SEALSQ, said: “The finalization of this investment formalizes our shared vision with WECAN to lead the global transition to quantum-resilient digital ecosystems. Together, we are laying the foundation for a new era of trust and compliance in finance and connected devices.”
Vincent Pignon, founder and CEO of WECAN, said: “We are delighted to welcome SEALSQ as a strategic investor. Its leadership in semiconductor-based cybersecurity and quantum innovation significantly strengthens our mission to provide secure, compliant and future-proof data infrastructure to financial institutions and enterprises worldwide. “
Vincent Pignon added about the collaboration with TwinL M&A: “I would like to thank Frank and his team for their support in a strategic process for our company. With a significant stake taken by a Nasdaq-listed company, the outlook for Wecan is more than promising.”
For Frank Loubaresse, President of TwinL M&A, “Wecan’s shareholders have made the right choice. This partnership strengthens the security of financial systems and connected devices against future threats, including quantum threats. It develops innovative identity and compliance solutions tailored to new uses of Web 3.0. This alliance positions both companies as leaders in the cybersecurity of tomorrow. Our entire team has worked hard for 18 months on this mission and we are proud of this achievement.“
This transaction further consolidates SEALSQ’s position as a key enabler of post-quantum security and extends its influence in the digital compliance and Web 3.0 sectors in Europe.
Advisors to Wecan Shareholders: TwinL M&A (Sevim CESIM, Laurent LOUBARESSE, Frank Loubaresse)
About the Wecan Group
Founded in Switzerland in 2015, the Wecan Group is a leading provider of blockchain-based solutions for secure data management for individuals, businesses, and financial institutions. The company is dedicated to improving the efficiency of data processing in response to the growing volume of sensitive information generated globally. Leveraging blockchain technology, Wecan Group promotes data tokenization as a solution to common issues related to data completeness, redundancy, and security.
Wecan Comply, one of Wecan Group’s flagship platforms, is a leading platform for orchestrating KYC and KYB compliance data. From integration to periodic review and audit, the platform seamlessly connects financial institutions through a secure and standardized data exchange protocol.
Wecan Group has established itself as a market leader in Switzerland, recognized and adopted by leading asset management companies, banks, financial intermediaries, and large global enterprises. The platform enables the storage, retrieval, sharing, and management of various types of data, such as KYB and KYC data, leveraging the most advanced data exchange and storage infrastructure on the market.
About SEALSQ:
SEALSQ is a leading innovator in post-quantum technology hardware and software solutions. Our technology seamlessly integrates semiconductors, public key infrastructure (PKI), and provisioning services, with a focus on developing cutting-edge quantum-resistant cryptography and semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods such as RSA and elliptic curve cryptography (ECC) are becoming increasingly vulnerable.
SEALSQ is pioneering the development of post-quantum semiconductors that provide robust and long-lasting protection for sensitive data across a wide range of applications, including multi-factor authentication tokens, smart energy, medical and healthcare systems, defense, computer network infrastructure, automotive, and industrial automation and control systems. By integrating post- quantum cryptography into its semiconductor solutions, SEALSQ ensures that organizations are protected against quantum threats. Our products are designed to protect critical systems, improving resilience and security across a range of industries.