Following an initial 28% equity stake acquired one year ago, SEALSQ (NASDAQ: LAES) raises its ownership in Wecan Group to a majority position — enabling Wecan to accelerate the delivery of a secure, AI-powered compliance Co-Pilot for the global financial industry.
Geneva, Switzerland — June 2, 2026 — Wecan Group, a Swiss leader in compliance solutions for private banks and financial institutions, today announced that SEALSQ Corp (NASDAQ: LAES) ("SEALSQ"), a company that focuses on developing and selling post-quantum technology, has acquired a majority equity stake in Wecan Group, following an initial 28% investment made one year ago.
As part of this strategic transaction, SEALSQ will invest CHF 5 million to accelerate Wecan Group's development and support the deployment of next-generation compliance Co-Pilot and post-quantum financial security solutions for the global financial industry.
Wecan Group has established itself as a trusted technology provider for leading private banks and financial institutions, with clients including Pictet, Lombard Odier, Edmond de Rothschild, Syz and Barclays, among others. Wecan Group's solutions are designed to help financial institutions streamline client onboarding, compliance workflows and lifecycle processes in a secure and collaborative environment.
Through this majority participation, Wecan Group and SEALSQ intend to accelerate the implementation of an AI-powered compliance Co-Pilot, built on a secure post-quantum infrastructure. The platform will integrate advanced Post-Quantum Cryptography (PQC) technologies, quantum-resistant Hardware Security Modules (HSMs), secure digital identity frameworks and blockchain-based trust mechanisms designed to protect sensitive financial data against future quantum computing threats.
The objective is to provide financial institutions, wealth managers and fintech with a trusted platform capable of optimizing the processing of sensitive client information across the entire client lifecycle — from onboarding to periodic reviews, transaction monitoring, anti-money laundering (AML), know-your-customer (KYC) compliance and secure digital asset management.
The initiative aims to further support the development of:
- Trusted AI governance and explainable compliance algorithms for regulated financial institutions
- Confidential AI and encrypted data processing leveraging homomorphic encryption and secure semiconductors
- Quantum-resilient digital identity systems for institutional and retail financial ecosystems
In private banking and financial services, client and transaction data represent some of the most sensitive and strategically important information managed by institutions. Combining post-quantum security with AI-driven optimization of compliance processes is increasingly becoming a critical requirement in light of rising cybersecurity threats, the emergence of quantum computing risks, and evolving regulatory expectations around algorithms and data governance.
"Wecan Group was created to help financial institutions manage trust, compliance and sensitive client information more efficiently. With SEALSQ as a majority shareholder and strategic technology partner, we are entering a new phase of growth. This investment will allow us to accelerate the deployment of our compliance Co-Pilot and strengthen our infrastructure with post-quantum security capabilities, providing banks and financial institutions with future-ready solutions for the client lifecycle."
Vincent Pignon — Founder & CEO, Wecan Group
"Our majority investment in Wecan Group represents a significant step in SEALSQ's strategy to bring post-quantum security to the most sensitive sectors of the global economy. Financial institutions and digital asset platforms are entering a new era in which cybersecurity, compliance automation, digital identity and trusted AI must converge. At the same time, cryptocurrencies and blockchain infrastructures must evolve toward quantum resilience to preserve long-term trust and security. By combining SEALSQ's post-quantum technologies, Wecan Group's expertise in private banking compliance infrastructure and WISeKey's trusted digital identity ecosystem, we aim to deliver a secure and scalable trust platform for the financial industry and the digital asset economy worldwide."
Carlos Moreira — CEO, SEALSQ
The transaction reinforces Wecan Group's positioning at the intersection of post-quantum cybersecurity, digital identity, trusted AI, blockchain security and regulated financial infrastructure, and supports its ambition to address the most demanding security and compliance needs of global financial institutions and the emerging tokenized economy.
About Wecan Group
Wecan Group is a Swiss technology company founded in 2015 by Dr. Vincent Pignon, with a mission to help financial institutions securely optimize the management of their compliance processes. Its platform orchestrates onboarding, change-of-circumstance and periodic-review processes for the end clients of regulated institutions — whether individuals, companies, trusts or others. Through a secure and standardized data-exchange protocol, Wecan Group has supported more than 100 financial institutions across over five countries, including some of the world's most prestigious private banks such as Pictet, Lombard Odier, Edmond de Rothschild, Syz and Barclays, as well as financial intermediaries and fintech. The company offers products designed to onboard clients digitally, manage KYC and AML analysis, account openings, contract generation and periodic reviews, all while ensuring regulatory compliance with full auditability.
For more information, please visit wecangroup.ch.
About SEALSQ
SEALSQ is a leading innovator in post-quantum technology hardware and software solutions. Its technology integrates semiconductors, PKI (Public Key Infrastructure) and provisioning services, with a strategic emphasis on developing state-of-the-art quantum-resistant cryptography and semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable.
SEALSQ is pioneering the development of post-quantum semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including multi-factor authentication tokens, smart energy, medical and healthcare systems, defense, IT network infrastructure, automotive, and industrial automation and control systems.
For more information, please visit sealsq.com.
Forward-looking statements
This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Although SEALSQ believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond SEALSQ's control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp provides this communication as of this date and does not undertake to update any forward-looking statements contained herein.
Press contacts
Wecan Group — Media relations · wecangroup.ch/contact
SEALSQ Corp — Carlos Moreira, Chairman & CEO · info@sealsq.com · +41 22 594 3000
SEALSQ Investor Relations (US) — The Equity Group Inc., Lena Cati · lena.cati@theequitygroup.com · +1 212 836-9611