The Austrian crypto start out-up Coinpanion has brought three precious companions on board – the German institutions Bankhaus Scheich, Bankhaus von der Heydt and Concedus – and hence laid the basis for its entry into the German market place. Annerton took more than the authorized tips of the asset manager for crypto belongings.
In 2019, the Viennese FinTech launched its digital crypto supervisor for the first time and is presently the next biggest crypto FinTech in Austria (proper following Bitpanda). Only recently, the corporation was in a position to history a successful seed funding round of around 5.5 million euros.
The new partnerships with Bankhaus Scheich, Bankhaus von der Heydt and Concedus give the start out-up access to essential buying and selling centres and bring it a large action closer to its target of increasing its product portfolio further than conventional cryptocurrencies, expanding internationally and to begin with getting a foothold in Germany.
The Annerton crew of Alireza Siadat, Kemal Ahmedi, Dennis Lange and Until-Christopher Otto presented thorough authorized suggestions to Coinpanion on its German marketplace entry and effective collaborations. “Coinpanion is a flagship crypto firm: a terrific innovative solution, a remarkably determined workforce and a very clear eyesight. We are delighted with Coinpanion for this milestone,” says Alireza Siadat, law firm and associate at Annerton.
“Entering the sector of a person of the most remarkably regulated fiscal marketplaces in Europe is a quite major problem from a legal but also from an organisational issue of perspective. With Annerton, we have usually experienced a skilled, trusted and revolutionary associate at our facet, who not only delivered us with the ideal suggestions in this Herculean task, but also manufactured our market entry doable in the initial position,” points out Alexander Valtingojer, CEO and Co-Founder of Coinpanion.
Annerton is an independent law firm specialising in regulatory legislation in the money field. Given that 2020, Annerton Rechtsanwaltsgesellschaft mbH in Germany and Annerton S.A. in Luxembourg have been advising recognized intercontinental establishments and companies as nicely as progressive start out-ups from the banking, economic solutions and electronic financial system sectors. Annerton has its places of work in Berlin, Frankfurt am Principal, Munich and Luxembourg with more than 20 attorneys, two tax advisors and other workforce associates.
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