Published on April 19th, 2017 | by bitcoin0
Bitcoin Creator’s Company Sold
The 46-year old computer scientist, who claims to have invented Bitcoin, has garnered both massive praise and skeptical criticism from those on different sides of the industry.
Regardless of Wright’s own involvement in the earliest stages of Bitcoin, however, his work since then has been the focus of at least one company.
nChain Holdings, a tech company based on Wright’s research, has been sold off to private investors.
What could the sale of this company to a private equity firm mean for the future of blockchain and cryptocurrencies?
Biggest Blockchain Deal Yet
According to reporting by Reuters, the sale of nChain Holdings to High Tech Private Equity Fund SICAV, PLC was the largest deal involving blockchain technology-focused companies to date.