WISeKey,
Italpreziosi, and Kaufmann & Partners
Announce the Launch of Precious
Metalverse AG: a
Unique Joint Venture to Market Gold and Precious Metals as
Authenticated and Verified Trusted NFTs
Geneva, August 11, 2023 - WISeKey International
Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global
frontrunner in cybersecurity, AI, Blockchain, and IoT operating as
a holding company, in collaboration with Italpreziosi, a prominent
entity in precious metals production and trading, and Kaufmann
& Partners, proudly unveil the signing of an Agreement for
their joint venture, Precious Metalverse AG. This initiative is
committed to introducing Trusted NFTs backed by gold and precious
metals and will be made available for trading on the WISe.ART NFT
Marketplace.Key Highlights:PreciousMetalVerse.com,
the official entity of the joint venture, is established in Zug,
Switzerland.TrustedNFT Gold tokens symbolize the ownership of
tangible gold bars secured in vaults located in Switzerland and
Italy.Italpreziosi, renowned for its high-quality services in the
domain of gold and precious metal investments, provides tailored
products like gold bars and coins, catering to individual
investment needs.The unique joint venture enables investors to
safely invest in gold via NFTs without physically handling the
products. Instead, they can be directly placed into the
Italpreziosi insured deposit.These gold products, integrated with
an NFT-based digital identity and SEALSQ semiconductors, are
ensured and stored under third-party custody, ensuring their
complete detachment from Italpreziosi's assets.The patented method
for digital certification ensures each TrustedNFT Gold corresponds
to a specific gold bar, both possessing a unique digital identity.
Detailed information about the patent can be accessed at WISeKey's
Patents.The innovative Gold NFT model utilizes a smart contract
enabling NFT trading for gold, thereby providing an avenue for
investors to leverage price movements of both non-fungible tokens
and gold.The Trusted NFT Gold tokens, available on the WISe.ART NFT
platform, are complemented with a digital certificate warranty and
a thorough KYC process, ensuring the NFT owner's absolute legal
rights over the physical gold bar. This technology revolutionizes
gold trading, allowing for a completely decentralized transaction
on the WISe.ART NFT platform.Ivana Ciabatti, CEO at Italpreziosi
Spa, shared, "In our pursuit of innovation, fintech, and
sustainability, this Joint Venture marks the confluence of these
values, amplified by our association with global leaders. We
envision this collaboration meeting the surging market demand with
unmatched product innovation and premium service quality."Francesco
De Leo Ph.D., Executive Chairman at Kaufmann & Partners,
expressed, “Our investment strategy always leans towards
visionaries driving disruptive innovations. With WISeKey and
Italpreziosi, we're steering the fintech and De-Fi sector towards
groundbreaking transformations. This partnership aims to shape a
novel asset class for the next-gen investors, and the transition to
Web 3.0 remains our key mission.”Carlos Moreira, Founder and CEO of
WISeKey International Holding, commented, “This collaboration with
Italpreziosi in the NFT gold market is unparalleled. WISeKey’s
comprehensive cybersecurity service platform offers solutions from
Root of Trust to Chip To NFT. I am optimistic about this endeavor,
and I firmly believe we will continue to witness substantial
technological advances and create substantial market value.”The
integration of Trusted NFTs on the WISe.ART platform with a clear
link to physical assets, along with proof of ownership and
provenance, sets a new industry standard. Furthermore, with the
partnership with Green NFT, these NFTs ensure carbon neutrality,
adhering to imminent ESG regulations and resonating with the global
endeavor to safeguard the environment.
About Italpreziosi
Italpreziosi was founded in 1984 and is one of
the main operators in the production, refining and trading of
precious metals, production and trading of investment gold based in
Arezzo, Italy. The company is certified Gold Good Delivery by the
London Bullion Market Association since November 22, 2018, Code of
Practice and Chain of Custody by the Responsible Jewellery Council,
and is a certified Fairmined Supplier. Italpreziosi is also a
member of the Responsible Mineral Initiative and the International
Precious Metals Institute. Thanks to the latest generation
technologies and systems with an impact close to zero, in addition
to its central position in the value chain, Italpreziosi represents
the strategic partner for all operators in the precious metals
business, offering complete solutions for mines, banks, jewelery
manufacturers, industrial and private consumers. With the
commitment to guarantee the highest quality standards in compliance
with the principles of ethics and sustainability. Italpreziosi is
the ideal partner for all operators in the precious metals sector,
excelling for its reputation, service efficiency, reliability,
transparency, but above all for sustainability and ethical
commitment. In line with the highest standards, Italpreziosi
pursues the United Nations 2030 agenda on Sustainable Development
Goals ( SDGS ), objectives it has set itself to
contribute to the creation of a more sustainable, fair and
equitable supply chain of precious metals. For more information,
visit www.italpreziosi.it
About Kaufmann & Partners
Kaufmann & Partners is an investor and
corporate advisory and investment firm providing strategic advice
and investment insights with our team of Senior Partners, on
international political, economic, technology, sustainability and
security matters. Kaufmann & Partners advises leading
investment firms, world-class family offices and innovative
corporations through a diverse range of industries aiming at
enabling them to navigate the unprecedented uncertainties stemming
from today’s unstable political, business, technological and
regulatory environment. Selectively, Kaufmann & Partners
provides funding and its support to highly disruptive start-up
companies in the Fin-Tech and Artificial Intelligence market space.
Kaufmann & Partners Top Management Team and Advisors have built
a world-class capability to address the low probability events
shaping the world economy, that are the source of an unprecedented
level of volatility across markets. The overarching goal of
Kaufmann & Partners is to identify and measure non-financial
risks as a major source of technology disruptions, unexpected
fragilities, sustainability and geopolitical challenges by
translating them into consistent and robust financial metrics and
indicators. By leveraging big data analytics and semantic search,
Kaufmann & Partners has built a state of the art capability to
track down the key drivers of industry disruptions affecting how
investors look at different asset classes, building indexes,
rankings and ratings enabling our client base to preserve their
assets value over time. For more information visit
http://kaufmannpartners.com.
About WISeKey: WISeKey
International Holding Ltd ("WISeKey", SIX: WIHN; Nasdaq: WKEY) is a
global leader in cybersecurity, digital identity, and IoT solutions
platform. It operates as a Swiss-based holding company through
several operational subsidiaries, each dedicated to specific
aspects of its technology portfolio. The subsidiaries include (i)
SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI,
and post-quantum technology products, (ii) WISeKey SA which
specializes in RoT and PKI solutions for secure authentication and
identification in IoT, Blockchain, and AI, (iii) WISeSat AG which
focuses on space technology for secure satellite communication,
specifically for IoT applications, and (iv) WISe.ART Corp which
focuses on trusted blockchain NFTs and operates the WISe.ART
marketplace for secure NFT transactions.
Each subsidiary contributes to WISeKey's mission
of securing the internet while focusing on their respective areas
of research and expertise. Their technologies seamlessly integrate
into the comprehensive WISeKey platform. WISeKey secures digital
identity ecosystems for individuals and objects using Blockchain,
AI, and IoT technologies. With over 1.6 billion microchips deployed
across various IoT sectors, WISeKey plays a vital role in securing
the Internet of Everything. The company's semiconductors generate
valuable Big Data that, when analyzed with AI, enable predictive
equipment failure prevention. Trusted by the OISTE/WISeKey
cryptographic Root of Trust, WISeKey provides secure authentication
and identification for IoT, Blockchain, and AI applications. The
WISeKey Root of Trust ensures the integrity of online transactions
between objects and people. For more information on WISeKey's
strategic direction and its subsidiary companies, please visit
www.wisekey.com.
Press and investor contacts:
WISeKey International Holding LtdCompany Contact: Carlos
MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.com |
WISeKey Investor Relations (US)Contact: Lena CatiThe Equity Group
Inc.Tel: +1 212 836-9611lcati@equityny.com |
Disclaimer:This communication
expressly or implicitly contains certain forward-looking statements
concerning WISeKey International Holding Ltd and its business. Such
statements involve certain known and unknown risks, uncertainties,
and other factors, which could cause the actual results, financial
condition, performance, or achievements of WISeKey International
Holding Ltd to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. WISeKey International Holding Ltd is
providing this communication as of this date and does not undertake
to update any forward-looking statements contained herein as a
result of new information, future events or otherwise.This press
release does not constitute an offer to sell, or a solicitation of
an offer to buy, any securities, and it does not constitute an
offering prospectus within the meaning of article 652a or article
1156 of the Swiss Code of Obligations or a listing prospectus
within the meaning of the listing rules of the SIX Swiss Exchange.
Investors must rely on their own evaluation of WISeKey and its
securities, including the merits and risks involved. Nothing
contained herein is, or shall be relied on as, a promise or
representation as to the future performance of WISeKey.
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