Calvin Ayre, the founder of Ayre Group and a dual citizen of Antigua and Canada, has acquired a controlling interest in nChain, a leader in blockchain and Web3 technology. The deal involves Ayre Group's investment of up to CHF500 million into nChain, including an equity acquisition of nChain, an IP licensing agreement for Ayre Ventures portfolio companies, and a line of credit. nChain's extensive patent portfolio holds significant influence over various sectors, including the $1 trillion cryptocurrency market and corporate implementations by some of the world's largest companies. The agreement between Ayre Group and nChain is expected to drive innovation and disrupt established internet giants, propelling the world toward a more decentralized, transparent, and interconnected internet.