Issue link: https://digital.shearman.com/i/1479656
E X P E R I E N C E FINTECH FOUNDRY • Gemini Galactic Markets, LLC (Galactic) in connection with its registration as a broker-dealer and an alternative trading system (ATS) with the U.S. Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) membership • Greenidge, the first publicly traded, vertically integrated bitcoin mining and power generation company that is 100% carbon neutral, on its merger with Support.com and listing on NASDAQ • Financial services and mobile payment company on developing and offering a mobile platform for buying, selling, transferring and storing digital assets • Digital asset prime broker on tax and regulatory considerations, as well as the impact of digital asset lifecycle events on digital asset- based derivatives • Hedge fund on digital asset custody, trading and trading services documentation facing a variety of major market participants and service providers • Digital asset futures exchange and custodian on regulatory and licensing matters related to developing and implementing digital asset-based futures products and related custody services • Cryptocurrency exchange with respect to corporate formation matters, multiple rounds of fundraising, and a go-public deal through a merger with a SPAC • Multiple hedge funds in connection with confidential SEC inquiries involving crypto-related matters, including valuation and custody of crypto holdings • Digital asset investment funds on digital asset trading documentation and related regulatory and collateral documentation considerations • Digital asset exchange and custodian on general legal and regulatory advice and review of tax considerations related to their platform • Family office on structuring and negotiating various documentation structures to monetize large holdings of digital assets • Blockchain-based cross-border payments company on New York State licensing and regulatory matters • Mobile payment company on their expansion to support cryptocurrency transactions, including regulatory issues ranging from securities laws to commodities regulation, to state and federal financial services licensing and registration • Eqonex (formerly Diginex), a digital assets financial services company and the first Nasdaq-listed company to operate a cryptocurrency exchange, on a number of corporate, regulatory, capital markets, M&A and litigation matters FinTech Foundry by Shearman is committed to supporting the next generation of innovators shaping the future of financial services. Having the right support to navigate this evolving legal and regulatory environment has never been so important. Some of our recent representations include: • Mizuho Bank, Ltd. in connection with the litigation surrounding the collapse of the Mt. Gox bitcoin exchange • A digital currency exchange on a number of complex investigations, cryptocurrency, trading issues and related matters • An exchange in successful resolution of a pre-litigation dispute obtaining the release of crypto assets that had been "frozen" by the exchange where they were held • Cryptocurrency firm on the listing of POLY and DSP tokens on Coinbase • ICE's new venture, Bakkt, in a merger with VPC Impact Acquisition Holdings via a SPAC worth $2.1 Billion • An exchange on its purchase of a stake in a trading system that uses blockchain technology • A verifying agent in a transaction whereby a bank will be able to sell participations into a trust funded by investors in a crypto currency • A power producer in crypto mining joint ventures and related work outs • Counterparties on insolvency risks relating to crypto related transactions Page 5