Fintech in Gibraltar

Hassans

Hassans’ cross-disciplinary practice works with a range of fast-growing companies and established financial players on the full spectrum of fintech work. The team is consistently engaged by a number of crypto funds seeking assistance with market entry requirements, public offerings, transactions and succession planning. Regulatory reviews for traditional commercial banks, technology conglomerates and industry conduct authorities are further core areas of expertise. The team is jointly led by two partners: Anthony Provasoli, a name to note for cryptocurrency businesses, DLT providers and fintech firms looking to establish operations in Gibraltar, and Vikram Nagrani, whose wide-ranging knowledge of DLT regulations covers security token offerings and license applications. Aaron Payas is a highly regarded advisor in the crypto fund establishment space, working with start-ups and listed companies. Roy Balestrino is also noted.

Practice head(s):

Anthony Provasoli; Vikram Nagrani

Other key lawyers:

Aaron Payas; Roy Balestrino

Testimonials

‘They have an excellent knowledge of the sector and are able to give timely commercial advice.’

‘Vikram Nagrani and Anthony Provasoli are both excellent practitioners.’

‘Hassans has a very competent fintech team of several lawyers. They have a lot of important knowlege and valuable experience in the fintech sector and can advise in many different matters. They also maintain a close and cooperative communication with the regulator which is of great value for their clients.’

‘Vikram Nagrani and Anthony Provasoli provide top legal advice in this field.’

Key clients

INX Limited

CEX.IO

ETORO

Modex

Cudo Ventures

Digital Asset Management

Cipher Protocol

Panther Protocol

Idexo Protocol

Koii Protocol

Meme.com

Aurora Protocol

Coindirect

KeyTango

Lymited

Mingo

Quickbit

xManna

Turncoin

Alphabeth Capital

Cointelligence

INX Limited

CEX.IO

ETORO

Modex

Cudo Ventures

Digital Asset Management

Cipher Protocol

Panther Protocol

Idexo Protocol

Koii Protocol

Meme.com

Aurora Protocol

Coindirect

KeyTango

Lymited

Mingo

Quickbit

xManna

Turncoin

Alphabeth Capital

Cointelligence

Work highlights

  • Assisted Gibraltar-based INX in going public via a reverse take-over.
  • Advised Cointelligence Fund LP on its entry into the Gibraltar Financial Services Commission’s register as an Experienced Investor Fund.
  • Advising Standard Chartered Bank (via Clifford Chance as instructing solicitors) on the regulatory implications of providing crypto-asset related activities and services in Gibraltar.

ISOLAS LLP

Led by the ‘fantasticJoey Garcia, a highly instrumental figure in the development of domestic DLT regulatory frameworks, ISOLAS LLP's fintech team handles a significant volume of DLT license applications, fund launches and company law matters for a host of growing and established funds, and blue-chip payment services companies. Jonathan Garcia focuses on financial services, working with investment managers, banks and blockchain start-ups on the full spectrum of licensing and regulatory issues. Karan Aswani is a key figure within the practice for DLT and digital currencies, working with various commercial clients and participating in multiple foreign trade missions promoting the Gibraltar fintech sector.

Practice head(s):

Joey Garcia

Other key lawyers:

Jonathan Garcia; Karan Aswani

Testimonials

‘Great understanding of the crypto and payment space and ability to understand the clients needs.’

‘Well organised, deep understanding of the legislation.’

‘Joey Garcia is fantastic – he’s both very well versed in the legal and regulatory aspects of our application, and he also has a strong commercial sense of our target market. Joey has an excellent reputation in Gibraltar and has a world-wide reputation in the crypto space and has worked with international think tanks in the USA on FinTech matters and also increasingly with work supporting the United Nations efforts to explore regulatory standards across member countries (as Gibraltar is a world leader in having launched bespoke crypto legislation in 2017, to a certain extent driven with Joey’s support).’

Key clients

Holo Limited

SSW Crypto Trading Limited

IOV Labs Limited (RSK)

Greengage Global Holding Limited

The Badger Technology Company Limited (Bitso)

Huobi Technology (Gibraltar) Co. Limited

Coinsilium

Block.one

Bullish Global

EOS

Xapo

Coinfirm

Work highlights

  • Advised Xapo on its banking license application as the first blockchain-based global business seeking to transition to the banking world and offering the cross-over from the regulated virtual asset space to the traditional banking infrastructure.
  • Assisting Greengage Global Holding with various business licensing matters, including advising and drafting on internal policies and procedures.
  • Advising SSW Holding in relation to the establishment of SSW Crypto Trading Limited (a Gibraltar private limited company) as a private fund.

Triay Lawyers

Triay Lawyers' fintech offering works with a broad cross-section of payment institutions, crypto exchanges and funds on an array of token sales, offerings, digital asset investments and the establishment of new ventures in Gibraltar. Joseph E Triay is an experienced regulatory specialist and former Gibraltar Financial Services Commission (GFSC) board member, who frequently advises crypto exchanges looking to establish in Gibraltar. Jay Gomez handles blockchain infrastructure projects and payment service provider license applications. Javi Triay is noted for his expertise in DLT and cryptocurrency.

Practice head(s):

Joseph E. Triay; Javier Triay; Alan Buchanan; Jay Gomez

Other key lawyers:

Javi Triay