Carlos Moreira, CEO of WISeKey, commented: “The investment commitment through the GEM token subscription agreement not only reflects our shared values, but also represents an important milestone in advancing the vision of SEALCOIN. The $50 million investment commitment from GEM Digital Limited will be pivotal in accelerating the development of SEALCOIN’s DePIN. The funds provided by GEM will go towards enhancing the capabilities of the platform, ensuring scalable, efficient and robust IoT transaction solutions and promoting the use of SEALCOIN as a machine-to-machine token worldwide. Additionally, THG, a leader in designing, developing and deploying Hedera-powered DLT solutions on the Hedera network, has signed an agreement with WISeKey to provide seed investment in SEALCOIN AG, engineering and technical expertise, and strategic guidance in the Web3 economy. THG, a Swiss-based digital innovation and venture building company commissioned by the Hashgraph Association (THA) to deliver and operate strategic Hedera enablement programs, specializes in digitally enabling startups, enterprises and government institutions through proven innovation and venture building programs Its feasibility, and the use of the Hedera network. The SEALCOIN project aims to revolutionize the Internet of Things (IoT) using Hedera’s decentralized ledger technology (DLT) by enabling autonomous transactions and exchange of services between Internet devices..