SEALSQ Granted European Patent for Technology to Embed NFTs Into Semiconductors; Shares Fall

MT Newswires Live06-16

SEALSQ (LAES) said Tuesday that the European Patent Office has granted a divisional patent covering the core "Back-to-Physical" claims of its foundational NFT invention.

The semiconductor and cybersecurity company said the patent covers claims designed for provisioning Non-Fungible Tokens directly into semiconductors to improve authentication, ownership, and traceability.

"These claims are particularly applicable to NFTs being provisioned into semiconductors and represent a significant milestone in our strategy to fuse digital and physical trust at the silicon level," Chief Technical Officer Jean Pierre Enguent said in a statement.

Shares of SEALSQ were down 2.2%.

Price: 3.30, Change: -0.07, Percent Change: -2.05

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