Walkers Advises Venture Capital Firm Openspace Ventures on its Launch of a New Crypto Fund

Walkers acted as Cayman Islands counsel to Singapore-based Openspace Ventures Pte. Ltd in connection with the launch of its new crypto fund, Ocular. Ocular has recently hit its first close and has been established to principally make cryptocurrency and blockchain investments. The creation of the fund is viewed as an extension to the existing Openspace technology investment strategy and Openspace will continue to build out capabilities in capturing latest technology trends.

Established in 2014, Openspace is a pioneer in the Southeast Asia region and makes investments in early-stage technology companies based in Southeast Asia.

The Walkers team was led by Singapore partner Timothy Stevens, with support from Michael Kenny and Michelle Ong.  Dechert acted as lead counsel to Openspace.

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