Our Cayman Islands office acted as legal counsel to Pipe
Foundation (the "Foundation") in connection with the
Foundation's role in the go-live of the Pipe Network mainnet on
8 October 2025, as well as the TGE and official listing on Binance
Alpha of the Pipe Network native token, $PIPE.
The Pipe Network introduces a decentralised content delivery
network and storage protocol built on the Solana blockchain, which
seeks to provide a faster and more secure alternative to
traditional centralised services through a robust network of
community-run nodes for content delivery.
Our dedicated Cayman Islands Fintech team for this project was led
by partner Melissa Lim and associates Olivia Fielding and Dwight Williams. Specialist advice was provided
by our Cayman Islands Risk and Regulatory Advisory partner Ian Mason and associate Efe Avan-Nomayo, with further
cross-jurisdictional support from British Virgin Islands partners
Alex Drysdale and Iona Wright and senior associate Alfida Cruz.
We acted alongside Fenwick & West LLP who provided US legal
counsel to the Foundation.
PRESS RELEASE
17 October 2025
Acting As Cayman Islands Counsel To Pipe Foundation On Their Official Token Generation Event (TGE)
Walkers
Contributor
Walkers is a leading international law firm which advises on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. From our 10 offices, we provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers.
Our Cayman Islands office acted as legal counsel to Pipe Foundation (the "Foundation") in connection with the Foundation's role in the go-live of the Pipe Network...