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IBM Bets on Sovereign Tech and Tokenized Deposits While Shares Sit Deep in the Red

IBM Bets on Sovereign Tech and Tokenized Deposits While Shares Sit Deep in the Red

By Rafael Müller
Publication Date: 2026-10-05 13:31:00

IBM is doubling down on the parts of the technology market where regulation, not consumer whim, sets the pace. Over a stretch of three days in late September, the Armonk-based group moved on three fronts — buying a British cybersecurity consultancy, wiring its digital-asset platform into the global banking backbone, and deepening a university AI partnership — all while keeping one eye on an earnings date that has become the focal point for restless shareholders.

Logiq Consulting joins the fold

On September 24, IBM announced it would acquire Logiq Consulting, a UK advisory firm specializing in cybersecurity. Logiq’s client roster leans heavily on regulated sectors: defense, critical infrastructure and the public sector. The purchase price was not disclosed.

The deal broadens IBM Consulting’s footprint in sovereign technology and cyber defense across the United Kingdom, and slots in alongside SiXworks, an existing IBM unit focused on digital transformation for…

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