Latham & Watkins Advises Coinbase in Acquisition of The Clearing Company

Coinbase has announced it has entered an agreement to acquire The Clearing Company, a prediction markets company innovating at the frontier of regulated, onchain markets. The transaction will help power and scale prediction markets on Coinbase, accelerating Coinbase’s roadmap toward being the Everything Exchange.

Latham & Watkins LLP represents Coinbase in the transaction with a corporate deal team led by Bay Area partner Saad Khanani, with associates Tiana Baghdikian, Alec Hampton, and Kelsey MacKinnon, and assistance from Judy Shamshikh. Advice was also provided on employment and benefits matters by Los Angeles partner Julie Crisp, with associate Aaron Tso; on tax matters by Bay Area partner Katharine Moir, with associate Jake Meninga; on intellectual property and commercial contracts matters by Los Angeles partner Ghaith Mahmood, with associates Azzam Chaudhry and Enrique Covarrubias; on data privacy and cybersecurity matters by Houston/Austin partner Robert Brown, with associate Zac Alpert; on antitrust matters by Bay Area partner Kelly Fayne and Washington, D.C. partner Patrick English; on sanctions matters by Washington, D.C. counsel Ruchi Gill, with associates Matthew Crawford and Dillon Curtis; and on anti-bribery and anti-corruption matters by Washington, D.C. partner Kevin Chambers.