Series B capital raise (+€20M) in a crypto exchange
Background
Investment in a company operating under a highly constrained regulatory framework but experiencing strong growth in the emerging crypto-assets sector. The goal was to provide financial support to sustain its geographic expansion and broaden its service offering.
Our work: four coordinated workstreams
Regulatory compliance and license continuity. Review of the transaction's impact on the existing license, coordination with sector regulator notification requirements, anticipation of the effects of the European framework on crypto-assets (CASP regime) coming into force.
Corporate and governance. Negotiation of the shareholders agreement, calibration of the rights granted to the investor (information, veto, exit), management of dilution effects tied to the raise, preservation of management's operational flexibility.
Intellectual property and personal data. Audit of the trademark portfolio and the rights in the platform, audit of the GDPR framework.
Due diligence and closing. Negotiations aligned with the client's investment thesis.
Outcome
Closing was achieved within the announced window and the company continues to grow: expanding customer base, development of horizontal services.
Other matters
An initial consultation is enough to assess whether we are the right counsel.
You set out your project. By the end, you will know whether one of the four services fits, or whether we should direct you elsewhere. EN or FR, Paris or New York, confidential.
