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WISeKey Inc. (WKEY) stock popped in after-hours trading session. Here’s to know why?

By Mahnoor Shah
Published On November 24, 2021 9:02 AM UTC
WISeKey Inc. (WKEY) stock popped in after-hours trading session. Here’s to know why?

WISeKey Inc. (NASDAQ: WKEY) stock gained by 1.02% at last close while the WKEY stock price surged by 3.65% in the after-hours trading session. WISeKey is a prominent worldwide cybersecurity firm that is now developing large-scale digital identity ecosystems for people and objects leveraging Blockchain, AI, and IoT, with the human as the Internet’s fulcrum.

WKEY stock’ Current Update

WISeKey International Holding has formed a partnership with Luminaries21.com and the OISTE.ORG Foundation to build high-end nonfungible tokens (NFTs) tailored to global leaders, stars, and influencers with enormous ecosystems. The NFTs will be coupled with specific social causes in order to create and support concrete solutions aimed at achieving, among other things, the United Nations’ global sustainable goals.

Luminaries 21 and NFT are working on a number of projects together, including various activities in collaboration with renowned humanitarian organizations.

To support NFT humanitarian initiatives, Luminaries 21 will collaborate with WISekey and the OISTE.ORG charity. The OISTE Foundation, like Luminaries 21, sponsors several global organizations that focus on human rights and sustainable development projects.

Alberto Diez, president and founder of Luminaries 21 commented that,

NFTs are one of the 20 sources of additional revenue that they use to help their clients to enhance their profits. While WISeKey is a perfect partner, not only because of its cutting-edge technology but also because of the extra benefit that comes with being in the hands of world-class cybersecurity and artificial intelligence experts.

Furthermore,

WISeKey’s multiple security technologies protect the WISe.ART NFT marketplace platform, allowing for the secure end-to-end authentication of digital identity-based NFTs, physical items, and digital assets. The user has complete control over their WISeID NFT, and other NFTs must seek access to its identification information. WISeID NFTs users can choose how much information they want to disclose, allowing them to maintain complete control.

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