Jenny Cieplak

Jenny’s experience includes advising:

Technology Development Consortiums

• Bank of America, Citi, Credit Suisse, Goldman Sachs, J.P. Morgan, Morgan Stanley, and Wells Fargo in the creation of Octaura, a new data-driven solution for trading of loans and CLOs, with Moody’s Analytics as co-investor and commercial partner, and ongoing representation of Octaura as outside general counsel
• Bank of America, Citi, Credit Suisse, and J.P. Morgan in the creation of Versana, a new blockchain-based platform for sharing syndicated loan data, and ongoing representation of Versana as outside general counsel
• Bank of America, Barclays, Citi, Goldman Sachs, J.P. Morgan, Morgan Stanley, and UBS in their investment in Capital Markets Gateway (CMG) and ongoing representation of the consortium in their regulatory review of CMG’s technology for public offerings
• A consortium of banks, including ABN AMRO Clearing, Bank of America, Barclays, Citi, Credit Suisse, Goldman Sachs, J.P. Morgan, Morgan Stanley, and UBS, in the creation of a new company and the acquisition by this new company of FIA Tech from The Futures Industry Association
• Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, J.P. Morgan, and Morgan Stanley in the: 
  • Creation of DirectBooks, a new platform to optimize the issuance process for fixed income instruments 
  • Ongoing representation of DirectBooks in technology and regulatory matters
• FXSpotStream — a multibank FX price aggregation service in which Bank of America Merrill Lynch, BNP Paribas, Citi, Commerzbank, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, and UBS act as liquidity providers — on a variety of matters as outside counsel
• Goldman Sachs in: 
  • The spinout of SIMON Markets, an electronic platform for the distribution of structured investment products*
  • The sale of an equity stake in SIMON to Barclays, Credit Suisse’s NEXT Investors, HSBC, J.P. Morgan, Prudential, and Wells Fargo*
  • SIMON’s eventual sale to iCapital

Technology Joint Ventures

• Coinbase in its entry into a new strategic and commercial relationship with Circle related to the stablecoin USDC, including acquisition of an equity interest in Circle and entry into new commercial agreements for the sharing of USDC interest revenues and for the use of Circle’s USDC services
• Avery Dennison in its integration with the Hedera blockchain and receipt of a grant of HBAR in exchange for meeting connectivity milestones
• Jump Trading in its arrangements with the Solana Foundation to develop a new validator client 
• BlackRock as a development partner with Intercontinental Exchange to create a centralized industry platform to facilitate creation and redemption orders for exchange-traded funds*
• R3 on creating its enterprise licensing structure and a framework for operating business networks using its blockchain-inspired technology*

Venture Financings, M&A, and Public Offerings

• Goldman Sachs in its investment in Fnality, a fintech focused on building blockchain-based wholesale payment systems to support the adoption of tokenized assets and marketplaces
• Goldman Sachs in its investment in Anchorage Digital, a platform that provides custody, trading, staking, and financing services to digital asset investors
• A major cryptocurrency exchange in its acquisition of the assets of the bankruptcy estate of another cryptocurrency exchange, including review of regulatory issues and customer contracts 
• ParaFi Capital in numerous investments in the digital asset space, including ConsenSys, OnJuno, and Oxio
• Jump Trading in numerous investments in the digital asset space, including Aptos and Kucoin
• Fold, Inc., a bitcoin financial services company in its US$365 million acquisition by FTAC Emerald Acquisition Corp, a special purpose acquisition company
• Cipher Mining, Core Scientific, Iris Energy, and numerous other crypto mining companies and/or their underwriters in connection with public offerings
• Robinhood in its acquisition of Bitstamp, a UK-based cryptocurrency exchange
• Evertec, a Puerto Rico-based provider of transaction processing and IT consulting, in: 
  • Its acquisition of Grandata, a data analytics company that specializes in leveraging behavioral data to provide credit risk insights 
  • The restructuring of its spinout from Popular Bank

*Matter handled prior to joining Latham