SEALSQ Corp (NASDAQ: LAES) announced it has acquired a majority equity stake in Wecan Group, following an initial 28% investment made one year ago. The company will invest CHF 5 million to accelerate development of compliance and post-quantum security solutions for financial institutions.

The investment comes from SEALSQ's Quantum Fund, an internal initiative focused on quantum computing startups in the United States and Europe. Wecan Group serves clients including Pictet, Lombard Odier, Edmond de Rothschild, Syz and Barclays, providing technology solutions for client data management and compliance workflows.

SEALSQ and Wecan Group plan to develop an AI-powered Compliance Copilot built on post-quantum infrastructure. The platform will integrate Post-Quantum Cryptography technologies, quantum-resistant Hardware Security Modules, and blockchain-based trust mechanisms designed to protect against future quantum computing threats.

The initiative aims to optimize processing of sensitive client information across the client lifecycle, from onboarding to periodic reviews, transaction monitoring, anti-money laundering and know-your-customer compliance. Development areas include quantum-resistant authentication for digital banking, trusted AI governance algorithms, and hardware root of trust technologies.

The companies plan to collaborate with WISeKey International Holding Ltd (SIX: WIHN; NASDAQ: WKEY), SEALSQ's parent company, to integrate the WISeID digital identity ecosystem into financial services platforms. This integration aims to provide post-quantum secure digital identity verification and trusted electronic signatures.

"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," said Carlos Moreira, CEO of SEALSQ.

Wecan Group, founded in 2015, has supported more than 100 financial institutions across five countries. The company offers products for digital client onboarding, KYC and AML analysis, account openings, and periodic reviews while ensuring regulatory compliance.