GSK Stockmann advised the Berlin-based crypto firm Unstoppable Finance GmbH on the takeover of its Ultimate Wallet by the Singapore-based decentralised crypto exchange (DEX) Jupiter. Jupiter is a major player in the crypto world and the leading exchange on the Solana blockchain.

Jupiter has acquired Ultimate Wallet and taken over their mobile team from Unstoppable Finance with the aim of further improving the on-chain trading experience on Solana through a new mobile app. Jupiter is the number one place to trade on Solana, regularly clearing over ten billion US dollars in volume per week.

The core team at Unstoppable Finance will focus its attention on launching the world’s first on-chain bank. More info about this project will be shared soon.

A GSK Stockmann team led by Berlin-based M&A lawyer Thomas Derlin provided Unstoppable Finance with comprehensive legal and tax advice on this sale to Jupiter, including on the contract negotiations with the buyer from Singapore and the very important aspects of IP and employment law in this cross-border deal.

Advisers of Unstoppable Finance

GSK Stockmann: Dr Thomas Derlin, LL.M. (lead, corporate/M&A), Dr Andreas C. Peters, Janine Gerner-Yumusak (both corporate/M&A), Dr Jörg Kahler, Dr Martin Hossenfelder (both IP/IT), Dr Philipp M. Kuhn, Nicole Deparade (both employment law), Dominik Berka (tax law).

[caption id="attachment_42026" align="alignnone" width="500"] GSK Berlin[/caption]