Acting as Cayman Islands counsel to Pipe Foundation on their official Token Generation Event (TGE)

Our Cayman Islands office acted as legal counsel to Pipe Foundation (the "Foundation") in connection with the Foundation's role in the go-live of the Pipe Network mainnet on 8 October 2025, as well as the TGE and official listing on Binance Alpha of the Pipe Network native token, $PIPE. 

The Pipe Network introduces a decentralised content delivery network and storage protocol built on the Solana blockchain, which seeks to provide a faster and more secure alternative to traditional centralised services through a robust network of community-run nodes for content delivery.

Our dedicated Cayman Islands Fintech team for this project was led by partner Melissa Lim and associates Olivia Fielding and Dwight Williams. Specialist advice was provided by our Cayman Islands Risk and Regulatory Advisory partner Ian Mason and associate Efe Avan-Nomayo, with further cross-jurisdictional support from British Virgin Islands partners Alex Drysdale and Iona Wright and senior associate Alfida Cruz.

We acted alongside Fenwick & West LLP who provided US legal counsel to the Foundation.