Buy-side and sell-side advisory across the EU-27, with depth in transactions involving crypto-asset service providers, token issuers, and digital-asset infrastructure. Deal counsel — not the documentary back office of a deal team.
Senior counsel on every workstream. The principal owns the matter from heads of terms through closing.
Fixed-scope engagement letters and clear milestones. No surprise fee escalations.
Decision-ready memos, not document dumps.
Acting for founders, financial sponsors, and corporate acquirers across the deal lifecycle.
For transactions involving CASPs, stablecoin issuers, custodians, or token-economy infrastructure, the standard playbook is not enough. We focus on the seams where conventional M&A meets MiCA, DORA, and the broader EU digital acquis.
When an authorization survives, when it must be re-applied for, and which national competent authority's process governs.
Testing how robustly the target's MiCA license was actually granted, against the standards ESMA flagged in its first peer review.
Verifying that issuer reserves reconcile to liabilities and meet whitepaper commitments.
Qualified custodian status, on-chain custody patterns, multisig and key-management controls.
Upgradeability, admin keys, audit coverage, dependency mapping, fork and oracle risk.
What the acquirer inherits, including dependency on designated critical third parties.
Characterization (MiCA / MiFID / out-of-scope), transferability, and tax overhang.
Confirming each product sits inside MiCA, outside as a MiFID instrument, or in a national gap.
Across the acquired user base — with the supervisory notification implications mapped.
Passporting, third-country considerations, and reverse-solicitation limits.
We focus diligence on the issues with the highest probability of materially affecting price, structure, or post-close exposure — regulatory permission risk, DORA contractual remediation gaps inherited with the target, third-party concentration, founder and key-person dependencies that may trigger fit-and-proper at close, and product characterizations that may shift after closing.
Where appropriate, we deliver a single, written, decision-ready memo. Where the deal demands it, we negotiate directly opposite the counterparty's counsel. We will say so when we are not the right firm — for example, where a US- or UK-qualified team must lead.
Fixed-fee on defined milestones — letter of intent, full diligence, SPA negotiation, closing — wherever scope permits. A clearly capped retainer for live transaction support.
No relay, no pyramid; the principal is the engagement.
Deal-specific questions go straight to the principal — first call within one business day.
Start a conversation