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Carey Olsen advises on ITI Digital's digital assets joint venture

Carey Olsen advises on ITI Digital's digital assets joint venture

Tuesday 12 May 2020

Carey Olsen advises on ITI Digital's digital assets joint venture


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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