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Sucessful transaction

Successful Transactions

Perps DEX
Kraken Acquires Vertex Perps DEX

Perps DEX sold to Kraken via Ink Foundation. The transaction took approximately 16 months from initial engagement to close

Perps DEX
Katana Acquires IDEX Perps DEX

Katana Chain (Incubated by GSR and Polygon) acquired an 8-year-old team and Perps DEX technology to support transaction volume, chain usage, and ecosystem growth.

Exchange
Global Exchange Licensing and Compliance Expansion

Advised a leading global exchange on a multi-jurisdiction buy-side licensing mandate covering regulated financial hubs across 3 continents. Engagements targeted a range of license categories including EMI, MSB, and B-D registrations as part of a broader market access strategy.

Web3 Targets
SPAC Buy-Side Advisory

Advising sponsors on identifying Web3 companies as potential SPAC targets.
Target valuation range: $300M–$1B, with a focus on strong fundamentals and audit-ready financials. SPAC size: $150M+, backed by a top Hong Kong family office, a listed Web3 company, and a fund as co-sponsors.

community-driven ecosystem token
$10M Notional

AI-themed crypto asset positioned around an “AI x markets” narrative with strong community participation and high volatility trading behavior. Generally classified as a high-beta, mid-cap narrative token with significant momentum-driven flows.

Modular blockchain
Particle network ~$1.5M Notional

Infrastructure network enabling scalable, modular deployment for apps and chains, designed to reduce friction between ecosystems and improve composability. Generally sits in the mid-cap infrastructure bucket with strong narrative relevance across dev and ecosystem expansion cycles.