Appleby is delighted to have represented long-standing client Tether on its strategic investment in Cayman-headquartered Ledn, a provider of consumer bitcoin-backed loans. Tether is a pioneer in the field of stablecoin technology, driven by an aim to revolutionise the global financial landscape.
The Appleby team was led by Partner Dean Bennett and Senior Associate Marsha Williamson, supported by members of Appleby's Technology, Corporate and Regulatory practices.
This transaction yet again showcases Appleby's expertise for complex transactional work in the technology sector and Band 1-ranked Technology and Innovation team.
Further details are available here.