Sicav-backed NChain acquires Crea

The firm acquired its portfolio company in April 2017; since then, NChain took a majority stake in HandCash, a bitcoin mobile wallet.

The acquirer and Crea have previously worked together on several BitcoinSV infrastructure projects, which form the basis for NChain's proprietary blockchain services.

Company
Crea is a software development and implementation firm focused on Bitcoin and IT security. It employs 120 people. Headquartered in Ljubljana, Solvenia, the company was founded in 2001.

People
NChain – David Washburn (CEO).
Crea – Roman Puhek (CEO).

Advisers
Acquirer – Linklaters (legal).

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