Investing in Crypto Asset Startups: Regulatory Considerations in an Ever-Evolving Market (Volume 55, Number 15— September 14, 2022)
Author: Erin E. Martin.; Sarah V. Riddell.; Steven Lightstone.; Jacob Minne.; Christina Wlodarczyk.
Source: Volume 55, Number 15, September 1 2022 , pp.163-174(12)
Abstract:
In this comprehensive article on the ever-evolving crypto asset startups market, the authors begin by describing trends in product and market developments, including emerging opportunities in DeFi platforms. They then turn to capital raising by initial coin offerings, initial exchange offerings, simple agreements for future tokens, and airdrops. Next, they turn to U.S. regulatory developments, recent SEC and CFTC enforcement actions, and U.K. regulatory developments. Finally, they close with unique due diligence considerations for fintech investors.Keywords: Bitcoin; Terra; Decentralized Finance; Token Distributions; SEC Risk Alert; Responsible Financial Innovation Act (“RFIA”); BXFNA Inc., CFTC
Affiliations:
1: Morgan, Lewis & Bockius LLP; 2: Morgan, Lewis; 3: Morgan, Lewis; 4: Morgan, Lewis; 5: Morgan, Lewis.