Advising on the world’s first regulated DEX and securing a Class M Digital Asset Business License

This is a significant step forward in bringing decentralized finance (DeFi) to the mainstream.

Rachel Nightingale stated "We are excited that Gravity has decided to establish a presence in Bermuda and are proud to have offered our comprehensive legal support throughout the application process. This marks a significant step forward for both Gravity and the decentralized finance (DeFi) industry, as Bermuda continues to position itself as a leading hub for FinTech innovation. We wish them great success as they pursue their international expansion goals." 

Hong Yea, co-founder and CEO of GRVT, said, “Bermuda is a pioneer in structuring and providing regulatory guidance for the digital asset market. Securing the license from the BMA reinforces our commitment to bridging decentralized finance and regulatory compliance. We’ve always believed compliance should be the foundation for crypto and DeFi, not an afterthought. Without it, earning institutional trust—and bringing revolutionary technologies to the mainstream—becomes nearly impossible". 

Our team, led by partners Rachel Nightingale, Natalie Neto, and Sara Hall, along with associate Aariyen Murray, provided expert guidance on all Bermuda law aspects required to obtain the license from the Bermuda Monetary Authority.

Congratulations to the GVRT team on this major achievement and their continued international expansion.