Ayre Group Takes Controlling Interest in nChain in CHF500M Deal

August 2, 2023

Ayre Group will invest up to CHF500 million to take a controlling equity interest in blockchain technology company nChain, in a deal that also includes IP licensing arrangements and a line of credit. The investment secures access to nChain's extensive blockchain and Web3 patent library and R&D capabilities, intended to accelerate commercial adoption of the company's enterprise blockchain IP and software offerings.

Buyers
Ayre Group
Targets
nChain
Industry
Software
Location
England, United Kingdom
Transaction Type
Buyout

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