SEALCOIN Emerges as a Game-Changer in Cryptocurrency, Ushering in a New Era of Decentralized Infrastructure

SEALSQ Corporation announces the launch of SEALCOIN, a hybrid payment and utility token for its Decentralized Physical Infrastructure Network (DePIN). Designed for seamless data and currency exchanges, SEALCOIN is set to transform the cryptocurrency landscape. Key highlights include: machine-to-machine proof of concept, Q4 2024 platform launch, token issuance, and a proposed digital exchange listing. SEALCOIN aims to redefine secure P2P transactions and foster web3 community growth.

SEALCOIN Emerges as a Revolutionary Force in the Cryptocurrency Landscape

Geneva, Switzerland - April 5, 2024: SEALSQ Corp ("SEALSQ") (NASDAQ: LAES), a leading innovator in the semiconductor and cybersecurity industries, announces the imminent launch of SEALCOIN, a pioneering hybrid payment and utility token designed to transform the cryptocurrency landscape and usher in a new era of decentralized physical infrastructure connectivity.

Redefining Digital Transactions

SEALCOIN's transformative concept seamlessly combines the functionality of payment and utility tokens, empowering users with unparalleled flexibility and value in both physical and digital peer-to-peer transactions. Embedded within SEALSQ's Decentralized Physical Infrastructure Network (DePIN), SEALCOIN will enable billions of internet-connected devices to engage autonomously in seamless data and currency exchanges.

Milestone Achievements

SEALSQ's unwavering commitment to innovation is evident in its pivotal milestones, including the upcoming Machine-to-Machine (M2M) Proof of Concept (PoC) release scheduled for mid-July 2024. This groundbreaking development will demonstrate the practical application of SEALCOIN in facilitating service-versus-payment transactions between machines, eliminating intermediary service providers and empowering devices to communicate and transact seamlessly.

The highly anticipated launch of the SEALCOIN platform is poised for October 2024, marking a significant advancement in bridging the gap between physical infrastructure and the digital world. This launch will introduce the Purchasing and Tokenization of Certificates (MVP), paving the way for the integration of physical networks with the robust digital infrastructure of Hedera's network.

Token Issuance and Strategic Partnerships

Following the platform launch, SEALSQ will proceed with Token Issuance and subsequently list SEALCOIN on a digital exchange, solidifying its presence in the cryptocurrency market. The collaboration with Hashgraph Association as a key partner in the SEALCOIN project underscores SEALSQ's ambitious vision for this landmark endeavor.

Unveiling a Visionary Future

"Our vision for SEALCOIN is to break down barriers and redefine the boundaries of secure peer-to-peer transactions, both physically and digitally," said Carlos Moreira, CEO of SEALSQ. "By introducing SEALCOIN, we are not simply introducing another cryptocurrency; we are laying the foundation for a future where interactions and services in the digital realm are seamless, secure, and efficient."

About SEALSQ

SEALSQ is a global leader in developing and providing cutting-edge solutions centered around semiconductors, public key infrastructure (PKI), and post-quantum technology. The company's innovative products and services find applications in a wide range of sectors, including multi-factor authentication, smart energy, home automation, automotive, industrial automation, and network infrastructure.

Forward-Looking Statements

This announcement contains forward-looking statements that reflect SEALSQ's current expectations and beliefs. These statements are subject to inherent uncertainties and contingencies that could lead to materially different results than those expressed or implied. Factors that could cause such differences include:

• The success and timeline of SEALCOIN's launch
• The timeline and successful release of the M2M PoC
• SEAL's token issuance and exchange listing before the end of 2024
• SEALSQ's ability to maintain beneficial relationships with material parties
• Market demand and industry conditions
• Risks discussed in SEALSQ's filings with the SEC

SEALSQ assumes no obligation to update any forward-looking statements contained herein as a result of new information or future events.

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