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Carey Olsen has advised ITI Digital on the establishment of a joint venture company which will pursue opportunities in bridging traditional and institutional markets with digital assets and blockchain technology.
Backing ITI Digital is ITI Group Limited, a Guernsey company owned by Da Vinci Capital, a fintech focused venture capital fund.
Commenting on the choice of Jersey as a jurisdiction for the company, Gene Moldavsky, who is leading ITI Digital's effort, said: "We are happy to find Jersey welcoming to ITI Digital and to act as a base for our development, as well as the jurisdiction's support of the crypto capital markets – a new and exciting asset class."
Partner Chris Griffin led the Carey Olsen team, assisted by associates Holly Brown and Filip Kwilinski.
Chris commented: "The choice of Jersey for ITI Digital is further proof that the island is a jurisdiction of choice for ambitious fintech businesses seeking a reputable domicile."
Pictured: Chris Griffin of Carey Olsen's Jersey office.
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