Fintech

Jones Day

Jones Day impresses with expertise across the blockchain and crypto sectors, where the team assists with regulatory and credit law matters, including cross-border aspects thanks to the international network. Among the client roster are fintechs, technology companies, major banks, neobanks as well as private equity sponsors, which are supported in transactions, financing and compliance matters. The mainstays include the support in venture capital financing rounds for start-ups in the crypto sector, crypto broker licensing procedures, crypto securities trading as well as the comprehensive regulatory and project-related advice on setting up new tokenisation platforms. The team is jointly led by Nick Wittek, who frequently advises on regulatory and financing issues in the crypto sector, and Ivo Posluschny; the latter is well versed in investments and transactions in the fintech sector.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

'Jones Day provides us with consistent advice across all practice areas, with partners across practice areas working together to ensure coherent and coordinated advice. We can expect the same legal quality from Jones Day regardless of practice area or jurisdiction.'
'Nick Witteg: He has a deep knowledge of the industry and the law. We are very impressed with his knowledge of German financial regulation. He also has a practical and solution-oriented approach.'
'In-depth knowledge of the subject matter with a pragmatic assessment not only of the legal situation, but also of the actual practice. It sounds trivial, but it isn't. It's standard to hear what clients are not allowed to do. Clients know that already. What clients are allowed to do and how is interesting and something one rarely finds. In this team, this knowledge, approach and human interaction are extremely valuable. The team is highly motivated and always approachable and absolutely solution-oriented.'
'Nick Witteck: An outstanding partner who, with his in-depth industry knowledge and pragmatism, finds solutions that are compliant but economically viable. He always knows how to keep the focus and reduce things to the essentials. On a personal level, Nick is an absolutely reliable, authentic and truthful partner. His calm but determined manner without beating around the bush means that informed decisions can be made efficiently and quickly.'

Key clients

Bessemer Venture Partners
DZ Bank AG
FleetCor Technologies, Inc.
360X AG
360X Art AG
Portag3 Ventures LP

Work highlights

Advising 360X AG, a FinTech sponsored by Deutsche Börse and Commerzbank, on setting up a securitization/tokenization platform using distributed ledger technology/blockchain and a global trading venue for tokens.
Advising DZ Bank on trading over-the-counter interest rate derivatives in the form of digital Smart Derivative Contracts (SDC) in Germany and Europe.
Advising FleetCor Technologies, Inc. on the acquisition of Plugsurfing, a leading European provider of software and networks for electric vehicles.