Alkemya Metacore secures USD 50M for nickel technology scaling

Alkemya Metacore SCSp has secured a USD 50 million pre-launch capital raise to support its precision industrial nickel wire business. The investment is backed by Class 1 nickel wire and precedes the listing of a tokenised equity nickel offering.

The company is announcing the sale of additional ALKN tokens in a new tranche at USD 1.0 per token. Arranged by Hanover Square Capital (UK) Ltd, the offer will take place on Bitfinex Securities and is available to institutional and professional investors until October 15, 2026.

Alkemya Metacore, a Luxembourg-based investment and operating platform, owns approximately 7 million metres of 99.99% ultra-pure nickel wire. This asset is valued at approximately USD 1.64 billion and is held in institutional custody in Lugano, Switzerland. The funds will be used to finance a commercialisation strategy to transform the wire into engineered mesh products for sectors including aerospace, defence, semiconductors, and green hydrogen.