Intchains Expands WEB3 Industry Presence, Acquires Goldshell Brand-related Assets
SHANGHAI, China, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Intchains Group Limited (NASDAQ:ICG) ("Intchains," "we," or the "Company"), a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications, today announced it has entered into an asset acquisition agreement, or the Agreement, with a Singapore-based company, GOLDSHELL PTE. LTD., or the Seller, to purchase certain assets used in the Seller's operation of its Goldshell WEB3 infrastructure brand, or the Goldshell brand. Pursuant to the Agreement, Intchains intends to purchase from the Seller all the intellectual property, information and technical material