Listed company SEALSQ plans to set up a $30.00 million cryptocurrency investment fund

On July 23, according to Globenewswire, SEALSQ Corp, a Nasdaq-listed public key infrastructure development company, announced that it is setting up a cryptocurrency investment fund of approximately US$30.00 million and plans to use the funds to purchase digital assets, including $BTC, $ETH, HBAR, etc. In addition, the company also stated that its cryptocurrency investment fund will serve as a strategic funding tool responsible for developing strategies for purchasing and holding cryptocurrencies, similar to how companies invest in traditional assets such as bonds or stocks. [PANews]