Technology > Digital Assets, Cryptocurrency and Blockchain

More and more business leaders are adopting blockchain technologies, cryptocurrencies and other digital assets. Akin Gump’s technology team assists clients facing legal and regulatory considerations that arise from the use of virtual currencies and distributed ledger technologies. The constant introduction of new technologies, such as non-fungible tokens (NFTs), is creating media and investor interest, as well as a host of novel legal and regulatory issues.

Our lawyers advise start-ups and established entities, including Fortune 500 companies, investment management firms, broker-dealers, government agencies, blockchain technology companies, money transmitters and financial institutions.

Notably, tax advice on blockchain and cryptocurrency matters has never been more critical. We assist clients on the tax implications of investments in and transactions involving blockchain technology and digital assets. Akin Gump’s technology lawyers create complex tax structures and advise on tax planning and compliance.

Deep Experience in the Digital Asset Space

We meet our clients’ needs by drawing on our wide-ranging experience. Akin Gump’s depth of practice in the digital asset space includes advising on the following issues, among many other types of matters:

  • Anti-Money Laundering
  • Crypto-Focused Lending and Financing
  • Cyber Crime
  • Cyber Insurance
  • Cybersecurity, Data Security and Privacy
  • Datacenters and Mining
  • Initial Coin Offerings (ICOs) Transactions
  • Insurance
  • Intellectual Property
  • Investment Management and Fund Formation
  • Public Law and Policy
  • Regulatory and Compliance
  • Securities Enforcement and Litigation
  • Securities Offerings and IPOs
  • Smart Contracts
  • Tax Considerations
  • Tokenization

Representative Matters

Corporate and Investment Management

  • Advising on the successful launch of a cryptocurrency hedge fund with a dual trading/mining strategy. Provided creative and focused guidance in the context of a nascent investment strategy.
  • Advising a U.S.-based client in a cryptocurrency-funded, blockchain-distributed financing deal that involves the first film production ever to be financed and distributed using blockchain technology and the Ether cryptocurrency, powered by Blockchain Entertainment Studio’s proprietary apps.
  • Advising a token issuer on the tax efficiency of the group’s holding structure, as well as the U.S. federal tax aspects of issuing tokens, including via Simple Agreement for Future Tokens (SAFTs) to investors or “sweat” tokens to employees and service providers.
  • Advising an over-the-counter (OTC) cryptocurrency business in connection with a strategic joint venture with a digital wallet technologies company.
  • Advising XYZ Films in its partnership with Jaunt Inc., a leading partner for producing and distributing immersive content, in a first look deal for all of XYZ’s upcoming virtual reality projects.