K&L Gates wins cryptocurrency company advice mandate

Ethos was impressed by the law firm's plan to implement its own blockchain technology.

Elnur

Cryptocurrency commpany Ethos has retained K&L Gates to provide essential legal services and guidance. The company, which was founded by blockchain guru Shingo Lavine, has a mission of bringing cryptocurrency to the masses. A statement from the company said of the appointment: 'K&L Gates is widely acclaimed as among the best and most trusted law firms on the planet, with deep global expertise and networks across many verticals including Securities, Banking and Capital Markets law. They are uniquely positioned to support Ethos in executing its vision with precision for delivering a healthier financial ecosystem for global consumers across every continent through an innovative investment platform that forever unifies the old and new economies with unique applications of blockchain, cryptocurrency and human-centred design technologies.' 

Regulatory expertise

Ethos CEO Shingo Lavine said: 'Working with K&L Gates represents a major milestone in the development of our innovative model, which will define the industry and set a standard for how players should operate within it with a focus on compliance. As Ethos’ counsel, K&L Gates will provide deep regulatory experience as we explore the intersection of finance and blockchain together.' 

Redefine financial services

Ethos director of global strategy Stephen Corliss added: 'K&L Gates will play a critical role in helping Ethos redefine how we think about financial services in the new age of blockchain and cryptocurrency technologies, and we appreciate a firm that embraces technology and innovation, something K&L Gates has shown as one of the first major law firms to begin implementation of its own private blockchain.'

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