Commenting on the deal Cayman partner Dean Bennett said “We are delighted to have represented Tether on this visionary first-of-its kind de-SPAC transaction working with a fantastic deal team across the board. It’s a new take on the use of SPACs and opens up another route for further institutional adoption of Bitcoin.”
The Appleby team was led by Partner Dean Bennett, supported by Partner Peter Colegate, Senior Associate Marsha Williamson, Associate Andrew Barr and other members of Appleby’s Technology and Innovation, Corporate, Regulatory and Dispute Resolution practices.
This transaction showcases Appleby’s expertise for complex transactional work in the technology sector and Band 1-ranked FinTech team.
Further details are available here.
