Trade Window Holdings Limited announced the mutual decision with nChain to cancel the previously established strategic partnership agreement. Since late September, both TradeWindow and nChain have worked towards resolving the challenges impeding the strategic partnership. After extensive discussions, the parties have mutually agreed to terminate the agreement in its entirety.

The parties have reached a confidential settlement of which details will not be disclosed. The cancellation of this agreement marks an opportunity for TradeWindow to pursue alternative avenues for growth, exploring new partnerships and opportunities that align with the company's objectives of advancing product development and expanding its market reach. In line with this strategic focus, TradeWindow has recently completed a restructuring initiative resulting in a 40% reduction in its workforce.

This reorganisation reflects a streamlined operating model aimed at intensifying the commercialisation efforts of existing products.