Gibraltar has become the only Gibraltar firm to have joined the US Digital Chamber of Commerce as part of the Lawyers' Committee and signing up to the Token Alliance.
What is the token alliance?
“The Token Alliance is an industry-led initiative of the Chamber of Digital Commerce, developed to be a key resource for the emerging industry surrounding the issuance of tokens using blockchain. Token issuances, or Initial Coin Offerings (ICOs), are a powerful tool for startups and businesses seeking funding from the public. In 2018 alone, there have been more than 270 token sales raising over $5.7 billion. Comprised of industry thought leaders, technologists, and innovators from across technology, legal and advisory, the Token Alliance will develop community-driven best practices and standards for the responsible issuance of tokens.”
Staying ahead of the game
Joey Garcia reiterated ISOLAS’ commitment to remaining at the forefront of developments in the token space by saying that “the firm is determined to continue to play its part in developing the legal frameworks around tokens and the wider blockchain context. The only way to do this effectively is to continue to make a significant time and resource investment with entities like the US Digital Chamber of Commerce and to be actively involved in its initiatives, one of the most important of which is the Token Alliance. With this and our involvement in other initiatives such as Reg@Tech Wharton Initiative we deliver on our commitment to offer the best advice to our clients.”
For more information on the Token Alliance, click here
Details of all members can be accessed by clicking here and scrolling down to the Lawyers' Committee - read more