Our Cayman Islands Corporate team is acting as Cayman Islands legal counsel to Open World Ltd. (Open World) on its reverse merger with a wholly owned subsidiary of VerifyMe, Inc., a publicly traded company specialising in precision logistics and brand protection technologies.
Open World is a leading Cayman Islands based strategic Web3, blockchain and crypto advisor and launch partner. Open World has facilitated the launch and development of numerous blockchain technology companies, with a combined aggregate network value of over US$65 billion.
Upon closing, the merged company is expected to be listed on the Nasdaq under a new ticker symbol, allowing Open World to operate at the scale and standard required for real-world tokenization to transition from early adoption into mainstream financial markets.
This transaction is led by partners
Andrew Barker and
Melissa Lim, along with associate
Olivia Fielding, based out of our Cayman Islands office.