Deals among digital assets businesses, crypto asset managers, and blockchain ecosystems are being pursued by global financial institutions, fintech companies, and the world’s largest institutional investors, among many others. Whether you are a founder, an investor, or a fund manager, maximizing value and managing risk are keys to success.
On our “Deals in Digital Assets” page, you’ll find a selection of key insights for putting these deals together and maximizing their value from our global Digital Assets, Blockchain & Cryptocurrency team. Our latest insights cover ways to maximize value in digital assets M&A and a roadmap for expansion in the crypto asset management sector.
The Lead Block
News Node
A curated selection of headlines and news from around this multiverse—including deals, developments and other disruptions in DeFi.
Ether (ETH) ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed
Crypto Industry Rallies Behind U.S. House Bill As It Heads Toward Final Vote
What’s Next for SAB 121 Following Bipartisan Congressional Passage
DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating
JPM Coin to Be Used for Settlement on Broadridge’s DLT Repo Platform
Brazil Central Bank Plans Year-end Proposal for Crypto Regulation
SEC Prepares to Sue Robinhood Over Crypto Unit
Crypto Venture Firm New Form Aims to Raise $100 Million Fund
New York AG Reaches $2B Settlement with Genesis ‘for Defrauded Victims’
FTX Customers Poised to Recover All Funds Lost in Collapse
Crypto Media Company Blockworks Acquires The Breakdown
Select Events
Selected events for deeper dives into different parts of the digital assets and DeFi world.
Mayer Brown partner Joe Castelluccio was a guest on Fintech.TV’s “Market Movers” show on May 17. He discussed spot crypto ETFs, M&A in digital assets businesses, and crypto-focused venture capital. Joe is the co-leader of Mayer Brown’s Digital Assets, Blockchain & Cryptocurrency group and a member of the firm’s M&A practice.
Consensus by CoinDesk is one of the largest conferences for the cryptocurrency, blockchain and Web3 sectors. It will take place in Austin, Texas, on May 29-31.
LEARN THE LINGO
For those new to the digital assets and DeFi world, each edition of the Digital Assets Download will highlight a different term to help you be a part of the conversation.
Staking
Staking cryptocurrencies is a process that involves committing crypto assets to support a blockchain network and confirm transactions. Crypto assets are “staked” by depositing them with a protocol in exchange for rewards.
The purpose for the staking varies by protocol, but the most common form of staking is within the proof-of-stake consensus mechanism (an alternative to proof-of-work) used by certain blockchains to verify new blocks of data that are added to the network. In a proof-of-stake protocol, stakers perform the exercise of validating new blocks of transactions to be added to the network. The staked assets are at risk and will be lost if the staker processes fraudulent transactions; as a result, each validator’s stake acts as an incentive to ensure the security of the network. In exchange for the committed tokens, validators receive rewards denominated in the native cryptocurrency.
Writing on the Wall, Translating ‘Crypto’ Terms with Mayer Brown
From Airdrop to Wrapped Token, our illustrated glossary, “Writing on the Wall, Translating Securities with Mayer Brown,” has been updated with additional digital assets and cryptocurrency terms. Check out our “featured” list for the crypto terms and the full list of terms.
