TradeWindow, a global trade software business, has concluded a strategic agreement with UK-based technology company nChain, which will take a 19.99% stake for an $11.1 million investment.
The agreement, subject to shareholder approval, includes an upfront cash payment of $2.4 million, the provision of an overarching architectural framework and software products, and software development services.
nChain will also become the exclusive distribution partner for TradeWindow’s solutions across the UK and Scandinavia, and a non-exclusive distribution partner elsewhere.
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