"BakerHostetler has a sophisticated understanding of the blockchain and cryptocurrency space and is able to function well in a rapidly changing and complex market environment."
– Chambers USA 2023
We help clients navigate the broad array of legal issues presented by blockchain technology and the rise of digital assets, including cryptocurrencies and non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs) and peer-to-peer economies in interoperable environments (e.g., the metaverse). The only law firm with a practice group dedicated to Digital Assets and Data Management, BakerHostetler remains at the forefront of this burgeoning space.
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Our clients include businesses and not-for-profit organizations, from startups to Fortune 100 companies in local, national and international arenas. Our attorneys collaborate across practice groups to provide practical advice on how to maximize the opportunities presented by new and emerging technologies while steering clear of pitfalls in a rapidly evolving legal landscape. We help clients understand how current laws and regulations apply to these technologies, plan or advocate for changes in the regulatory environment, and provide thoughtful insight to companies integrating these technologies into existing and prospective product and service offerings.
Our team understands how and when a cryptocurrency, NFT or other digital asset may be property, a currency, a security or a commodity, and the legal and regulatory implications of such designations. We help clients design and work through the myriad of legal issues that arise in developing and launching smart contracts, blockchain network applications, and new technology and business models involving digital assets. Our services include assisting clients in technology design and cryptocurrency fund formation, raising capital and related corporate structuring (both U.S. and offshore), and advising on regulatory compliance for financial technology (fintech) and decentralized finance technology (DeFi) solutions.
Our full-service blockchain practice provides our clients with the deep expertise needed to navigate blockchain, cryptocurrency and digital asset legal issues involving tax, data privacy, securities, anti-money laundering, digital advertising, investigations, technology transactions, intellectual property (IP), policy advocacy and litigation/arbitration. We are also active members of the Chamber of Digital Commerce, the Enterprise Ethereum Alliance Legal Working Group and the Accord Project, all of which exist to develop standards and protocols to facilitate the legally defensible adoption of blockchain-related technologies.