CHF500million deal believed to be the single largest enterprise blockchain IP investment to date
LONDON–(BUSINESS WIRE)–Ayre Group founder and Antiguan/Canadian citizen Calvin Ayre has finalized agreements to take a controlling interest in nChain, the global leader in blockchain and Web3 technology, in a deal that will transform the trillion-dollar blockchain and Web3 sectors.
The internet is rapidly shifting from Web2 to the decentralized, blockchain-reliant Web3. This evolution will disrupt the established internet giants who lack the technological foundations to handle the ground shifting under their feet.
As Forbes recently observed, nChain’s patents “affect everything from the US$1 trillion cryptocurrency market to corporate implementations built by some of the largest companies in the world.”
The deal, believed to be the single largest enterprise blockchain IP investment to date, will see Ayre Group invest up to a total of CHF500 million (€516 million/£443 milli
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