Nasdaq-listed WISeKey International announced that its subsidiary SEALCOIN has received a $4 million strategic investment, with participation from The Hashgraph Group. The funding will be used to accelerate SEALCOIN’s integration into the space economy ecosystem and to build blockchain infrastructure using DePIN technology.
TechFlow reported on June 11, citing MarketScreener, that Nasdaq-listed WISeKey International has announced a $4 million strategic investment in its subsidiary SEALCOIN. The Hashgraph Group, also referred to as THG, participated in the investment.
According to the announcement, the newly secured capital will be used to accelerate SEALCOIN’s integration into the rapidly developing space economy ecosystem. The project’s stated direction is to use decentralized physical infrastructure network technology, or DePIN, to build blockchain infrastructure for the space economy.
The disclosure places WISeKey International, SEALCOIN, The Hashgraph Group and DePIN within the same space economy infrastructure initiative. The announcement centered on the $4 million strategic investment, THG’s participation, and SEALCOIN’s planned use of the new funding.
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