Invest-NL, a Dutch financing institution, has acquired a priority stake in Fox Crypto following a request from the Ministries of Defence, Economic Affairs, and the Interior. This strategic move aims to strengthen the Netherlands' position in cryptographic innovation, especially vital for national security. The acquisition of Fox Crypto, which specializes in high-assurance cryptographic products, comes after its recent transfer from NCC Group to CR Group Nordic AB. CEO Rinke Zonneveld highlights the importance of ensuring sensitive data security through smart algorithms and independent assessments in national interest investments.
Rinke Zonneveld, CEO of Invest-NL, states that Invest-NL's investment safeguards the Netherlands' leading role in cryptography, particularly during this critical period of transition.
Zonneveld elaborates that the decision is rooted in a state-directed investment, emphasizing the importance of independent assessment before proceeding with essential national interests.
Collection
[
|
...
]