nChain is a young startup that develops and provides blockchain-based solutions for consumer and enterprise use. Founded in 2015 and based in London, UK, they were acquired by High Tech Fund in 2017. nChain has been an active player in the space, applying for patents since 2014, but until last month they had not been issued a patent. This reflects a lot of the patent space so far, with the only group out of the top five to have more than two patents being Winklevoss Capital, who has thirteen patents issued currently. Fidelity, Strike Derivatives, and non-practicing entity Strong Force Portfolio have two, zero, and zero patents issued respectively. So despite nChain being behind Strike Derivatives and Strong Force in applications, they are now third in patents issued in the space behind only Fidelity and Winklevoss. 

This patent is not the only recent victory for nChain however. They recently acquired the respected and award-winning software development firm Equaleyes. Equaleyes already has experience with digital assets that will aid them as they develop for nChain, and with a primary focus on end-user mobile applications, they are well-equipped to help nChain provide its solutions to consumers. 

To compare the position of the leaders in the Securities Tokenization patent space check out the Securities Tokenization Patent Radian®. Also be sure to take a look at nChain's first issued patent using the Patent Matrix®.