Italian Blockchain Analytics Startup Neutrino Acquired by Coinbase
Melanie Swan, noted futurist, predicted that “Decentralized networks will be the next huge wave in technology. The blockchain allows our smart devices to speak to each other better and faster.” Recently, The World Economic Forum estimated that 10% of global GDP will be stored on blockchain technology by 2027.
In this fast-paced and unprecedented market, companies need a global and agile legal team. Orrick’s Blockchain and Cryptocurrency Group provides clients with thoughtful and cutting edge advice that helps propel the industry forward while providing the legal framework to withstand regulatory scrutiny.
As a founding member of the Global Legal Blockchain Consortium and the Global Legal Blockchain Hackathon, we are helping shape the standards and governance in the global legal industry regarding the use of blockchain technology. We are also an active participant in the Wall Street Blockchain Alliance, a non-profit trade association created for financial market players.
Spanning across the United States, Europe and Asia, our team is advising 50+ blockchain, DLT companies, issuers, investors, exchanges, funds and platforms on corporate and regulatory issues, financings, IP and litigation matters as well as token offerings using a variety of frameworks, including SAFT issuances.
Artory | The only blockchain-secured registry of verified information about artworks and collectibles – in the negotiation and facilitation of their strategic partnership with art auction house Christie’s, which will be the first major auction house to utilize blockchain technology. It will be registering An American Place: The Barney A. Ebsworth Collection on Artory’s secure digital registry, which contains highly trusted and vetted data regarding the lifecycle of artworks and collectibles
Coatue Management | Investment in Axoni’s $32 million Series B raise, which was led by Goldman Sachs and Nyca Partners. The financing round also included participation from Andreessen Horowitz, Citi, Digital Currency Group, F-Prime Capital, Franklin Templeton Investments, J.P. Morgan, NEX Group, Wells Fargo and Y Combinator. Axoni provides enterprise blockchain technology which strives to re-platform the system underpinning the legal records, lifecycle events, and cash flow calculations for the credit derivatives market
CoinAlpha | Launch of its crypto fund and platform
Distributed Ledger Technology (DLT) Company | Launch of a public ledger and cryptocurrency, including regulatory guidance, SAFT issuances and licensing and IP matters
Diversified Exchange Organization | $40 million venture financing of Digital Asset, a leading provider of distributed ledger technology
Hedera Hashgraph | Formation, funding, regulatory matters and over $100 million in SAFT financings
Integra and Global Legal Blockchain Consortium | Along with our client Integra Ledger, we collaborated to launch the Global Legal Blockchain Consortium, which is working toward the standardization, governance and application of blockchain and related technologies in global legal systems
OpenSea | A Y Combinator company and the first peer-to-peer open marketplace for any non-fungible asset on the Ethereum blockchain, in its $2 million seed financing led by Founders Fund and 1confirmation
Skara | Regulatory advice to an online gaming company
Threefold | Launch of its digital currency and sustainable internet capacity network
Web Entrepreneurs | Creation of Iconium SpA, the first company in Italy dedicated to investing in blockchain-based fundings and ICOs