Sealsq is developing secure chip using post-quantum algorithms, but retail sentiment is bearish.
From StockTwits: 2025-03-27 02:12:00
Sealsq plans to release the QS7001 chip before the end of 2025. The chip uses post-quantum cryptographic algorithms to protect blockchain infrastructures and cryptocurrency wallets. Chinese researchers have already broken RSA encryption, sparking security concerns. CEO Carlos Moreira stated that the chip provides blockchain platforms with tools to transition to post-quantum cryptography seamlessly. Stocktwits sentiment for Sealsq is currently ‘bearish’, despite the company’s announcement. Data from Koyfin shows an average price target of $6 for Sealsq, implying a 105% upside from Wednesday’s closing price. Sealsq’s stock has fallen over 52% year-to-date.
Read more at StockTwits: Sealsq Stock Edges Up As It Begins Certification Of Post-Quantum Secure Chip, But Retail Sentiment Takes A Dive
