Advising Coinbase on US$375m acquisition of Echo

The transaction marks a significant development in the digital assets space, enhancing access to capital for emerging ventures and expanding investment opportunities for the crypto community.

Working alongside Latham & Watkins LLP, our multidisciplinary team advised on the British Virgin Islands (BVI) law aspects of the transaction.

Our team was led by Neil McDonald, Head of Corporate and M&A in our London office. He was supported by London-based Regulatory partner Benjamin Twidle, Dispute Resolution partner Jennifer Maughan, Investment Funds partner Hughie Wong and senior counsel Alastair King, and Corporate and M&A senior associates Catherine Outerbridge and Tom Esler.

From our BVI office, Corporate and M&A partner Omonike Robinson-Pickering and associate Royan George provided further support.

'We have been delighted to act as BVI counsel on this significant transaction, which underscores our continued commitment to supporting innovation and M&A activity in the fintech and blockchain sectors', said Neil McDonald.

'It has been brilliant working with Coinbase and the Latham & Watkins team, and congratulations to them and everyone involved in the deal.'