NEWSLETTER

Sign up to read weekly email newsletter

13 years 🥳 of Publication, 100k+ Stories, 30+ Countries

Legal Desire Media and Insights
Donate
Search
  • Law Firm & In-house Updates
  • Deals
  • Interviews
  • Insight
  • Read to know
  • Courses
Reading: Carey Olsen advises Lightspeed Faction on launch of blockchain venture capital fund
Share
Aa
Legal Desire Media and InsightsLegal Desire Media and Insights
  • Law Firm & In-house Updates
  • Deals
  • Interviews
  • Insight
  • Read to know
  • Courses
Search
  • Law Firm & In-house Updates
  • Deals
  • Interviews
  • Insight
  • Read to know
  • Courses
Follow US
Legal Desire Media & Insights
Home » Blog » Carey Olsen advises Lightspeed Faction on launch of blockchain venture capital fund
Deals

Carey Olsen advises Lightspeed Faction on launch of blockchain venture capital fund

By Legal Desire 2 Min Read
Share

Carey Olsen’s investment funds team in Hong Kong SAR has advised Lightspeed Faction Ventures, LLC (Lightspeed Faction) on the launch of Lightspeed Faction Fund I, LP, a US$285 million closed-ended venture capital fund focused on early-stage blockchain opportunities.

The fund is a collaboration between Lightspeed Venture Partners (Lightspeed) and the Faction partnership through the newly formed cryptocurrency firm, Lightspeed Faction. Lightspeed Faction will execute its blockchain investment strategy with an institutional approach that leverages Lightspeed’s global investment platform and Lightspeed Faction’s crypto-native VC investing expertise and key ecosystem relationships.

The fund will seek to generate long-term capital appreciation through equity and token investments in early-stage projects that are active in blockchain and may also engage in other token-generative activities such as staking of digital assets.

Working alongside lead counsel Wilson Sonsini Goodrich & Rosati, the Carey Olsen team advising Lightspeed Faction on all Cayman Islands legal and regulatory aspects of the launch was led by partner Michael Padarin.

Michael said: “Carey Olsen was delighted to work with the Lightspeed Faction team on this innovative and exciting launch within the crypto space. The collaboration with Lightspeed Venture Partners is one that showcases an exciting strategy around investment in early-stage blockchain projects and opportunities.”

You Might Also Like

Freshfields advises Sun King Nigeria on c.$80m local currency financing

Freshfields advises Charterhouse on the entry of new investors in Novétude

Mayer Brown advises Vitruvian Partners on acquisition of premium travel business Great Rail Journeys

Mayer Brown advises OQ Trading on 15-year LNG Sale and Purchase Agreement with LNG Alliance relating to the Amigo LNG Project

Linklaters Zhao Sheng advises UBS AG on the acquisition of full ownership of UBS Securities in China

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

Don’t miss out on new posts, Subscribe to newsletter Get our latest posts and announcements in your inbox.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Don’t miss out on new posts, Subscribe to newsletter Get our latest posts and announcements in your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Legal Desire November 20, 2023
Share this Article
Facebook Twitter Email Copy Link Print

YOU MAY ALSO LIKE

Freshfields advises Sun King Nigeria on c.$80m local currency financing

Global law firm Freshfields has advised Greenlight Planet Sun King Nigeria (Sun King Nigeria), a leading distributor and financier of…

Deals
May 24, 2025

Freshfields advises Charterhouse on the entry of new investors in Novétude

Freshfields advised Charterhouse Capital Partners (“Charterhouse”), one of the longest-established private equity firms operating in Europe, on the transaction involving…

Deals
May 19, 2025

Mayer Brown advises Vitruvian Partners on acquisition of premium travel business Great Rail Journeys

London – Mayer Brown has advised private equity firm Vitruvian Partners on its acquisition of rail specialist tour operator Great…

Deals
May 19, 2025

Mayer Brown advises OQ Trading on 15-year LNG Sale and Purchase Agreement with LNG Alliance relating to the Amigo LNG Project

Singapore – Mayer Brown advised OQ Trading (OQT) on its 15-year LNG sale and purchase agreement (SPA) with LNG Alliance…

Deals
May 19, 2025

For over 10 years, Legal Desire provides credible legal industry updates and insights across the globe.

  • About
  • Contact Us
  • Legal Marketing Service for Law Firms and Lawyers
  • Privacy Policy
  • Terms & Condition
  • Cancellation/Refund Policy

Follow US: 

Legal Desire Media & Insights

For Submissions/feedbacks/sponsorships/advertisement/syndication: office@legaldesire.com

Legal Desire Media & Insights 2023

✖
Cleantalk Pixel

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?