Walkers works for GVRT, delivering a fintech world first

With help from Walkers, Gravity have made history with the launch of a centralised fintech exchange and powered a significant step forward in decentralised finance’s journey to the mainstream.

Led by partners Rachel Nightingale, Natalie Neto, and Sara Hall, and supported by associate Aariyen Murray, the team delivered expert guidance on all Bermuda law aspects required to obtain the license from the Bermuda Monetary Authority. With the territory continuing to develop its reputation as a key fintech jurisdiction, the news is good for GVRT, Walkers, and Bermuda.

"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."

Rachel Nightingale, Partner, Walkers

“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".

Hong Yea, co-founder and CEO of GRVT