Stuart Davis

Stuart’s experience includes advising:

• Monad Foundation on the launch of the Monad Public Mainnet and the airdrop of its native network token, MON
• W3C Corp in its acquisition by Exodus, a leading self-custodial cryptocurrency platform
• Lightspark on its acquisition of Striga, an embedded finance and digital asset infrastructure platform
• Coinbase on:
  • Obtaining its VASP registration in the United Kingdom
  • Obtaining a MiCA license from the Luxembourg Commission de Surveillance du Secteur Financier
  • Its US$375 million acquisition of Echo, a community-based onchain investment platform
  • Its acquisition of Sentillia BV (dba Deribit), a UAE-based crypto derivatives exchange
  • Its acquisition of One River Digital, a digital asset manager
• Gateway 21 Limited, the specialist investment arm of the Ashlar Block Group, in obtaining authorization from the Financial Conduct Authority as a MiFID investment firm. The authorization permits Gateway 21 to offer a range of services designed to support the integration of digital asset businesses into the wider UK financial services market. Gateway 21 is the only firm designed and established for the express purpose of acting as a Section 21 approver to cryptoasset companies
• Bitwise Asset Management on its acquisition of the ETC Group, a UK-based crypto ETP issuer
• FTMO on the acquisition of OANDA Global Corporation, the online trading group
• Worldpay with respect to potential acquisition of Ravelin Technology Ltd, a developer of anti-fraud solutions for online businesses
• Hidden Road Partners CIV NL B.V. (the Netherlands entity of Hidden Road), the global credit network for institutions, on obtaining a MiCA license by the Dutch Authority for the Financial Markets
• Sixth Street Growth on its investment in a €285 million funding round for SumUp, a leading global financial services company
• Abu Dhabi Global Markets (ADGM), an Abu Dhabi-based regulator, on a new Foundations Regulatory Regime to facilitate the issuance of blockchain tokens
• FIS and Worldpay on the regulatory aspects of GTCR’s acquisition of a majority stake in Worldpay, a leading global provider of payment processing solutions, from FIS
• Shift4 Payments on its acquisition of Online Payments Group (dba SecurionPay), a Switzerland-based online payments service provider
• Madison Dearborn Partners on its US$1.8 billion acquisition of MoneyGram, a provider of money transfer services
• The Rise Fund, an investing platform of TPG, on its US$200 million investment in Airtel Mobile Commerce, a Netherlands-based mobile money business and wholly owned subsidiary of Airtel Africa
• Paysafe, a London-based payments platform, on its US$9 billion business combination with Foley Trasimene Acquisition Corp. II, a special purpose acquisition company
• TA Associates on its £1.78 billion investment in Söderberg & Partners, a Sweden-based provider of wealth management and corporate pension and insurance services
• Shift4 Payments on its US$575 million acquisition of Credorax (dba Finaro), an Israel-based software financial technology company
• Permira Growth Opportunities in its participation in the GoCardless US$312 million Series G
• The investors on FreeTrade’s US$50 million Series B financing
• The underwriters on Argo Blockchain’s US$128 million Initial Public Offering on the London Stock Exchange (LSE) and Nasdaq
• Citi on its US$20.5 million sale of Proxymity, a London-based provider of end-to-end digital investor communications platform services, to a consortium of investors
• Elwood Technologies on its £70 million Series A+ financing led by Dawn Capital and Goldman Sachs
• Digital Moneybox on its US$40 million Series D financing
• Advised Euler XYZ on its US32 million Token Investment Round
• The financial advisers in Wise’s £8 billion Direct Listing on the London Stock Exchange
• Todd Boehly and Clearlake Capital consortium on its £4.25 billion acquisition of Chelsea Football Club
• Shift4 Payments on its US$396.75 million IPO on NYSE
• Morgan Stanley and J.P. Morgan as underwriters on the €946 million Initial Public Offering of Adyen on the Euronext Amsterdam
• Cipher Mining Technologies, a Bitcoin mining operation created by Bitfury, on its US$2 billion business combination with Good Works Acquisition Corp., a special purpose acquisition company
• Airbnb in connection to its initial public offering
• Goldman Sachs on the build of its first UK Retail Investment Platform – Marcus Invest
• Silver Lake Partners on an equity investment in Klarna, a Sweden-based provider of payments and shopping service
• Square in the acquisition of Verse, a Spanish P2P payments app that allows customers to send and receive payments from friends and family instantly, safely, and free of charge
• The Central Bank of Egypt on the formulation of a new banking law / regulatory regime
• A number of central banks and governments on drafting substantial financial services, market infrastructure, payments, and fintech legislation
• A broad range of global investment banks, market infrastructure providers, and technology companies on structuring innovative and efficient technology platforms and/or products, including through the use of blockchain technology, covering areas such as clearing and settlement, netting, and the tokenisation and digitisation of products
• A national payment system operator on its establishment of a new retail payment system
• A number of global technology, payments, and media companies on regulatory implications of launching stablecoins
• eToro on the structuring and launch of eToro Digital Assets, an innovative platform for the tokenisation of assets
• Nivaura on structuring its regulated custody and issuance platform for the tokenisation of equity, a deal which was highly commended by the FT Innovative Lawyers Awards
• The World Economic Forum on its blockchain initiatives as part of its Centre for the Fourth Industrial Revolution