BSV protocol developer nChain completes a $2.4 million investment in Asset Layer and holds a 20% stake

ChainCatcher news, BSV protocol developer nChain announced a $2.4 million investment in the digital asset platform Asset Layer, acquiring a 20% stake in Asset Layer. nChain provides the core blockchain infrastructure behind the Asset Layer solution, offering customers interoperability, security, and scalability.

Asset Layer is a digital asset-as-a-service solution, and the collaboration with nChain provides an opportunity to serve large enterprise clients. The Asset Layer platform enhances brand customer engagement by allowing non-technical teams to create interoperable digital assets that can serve various brand promotion purposes, such as loyalty programs and community engagement. (Source link)