Fenwick & West represented Coinbase, Inc., a leading digital currency wallet and platform where merchants and consumers can transact with new digital currencies, in its pending acquisition of Earn Holdings, LLC, a payment platform provider that allows senders to pay users in digital currency for replying to emails and completing tasks. Financial terms of the transaction were not disclosed.
As part of the acquisition, Coinbase will also welcome the Earn.com team and Earn’s co-founder and CEO, Balaji Srinivasan, as Coinbase’s first Chief Technology Officer (CTO). More information about Coinbase’s acquisition of Earn.com can be obtained from the company announcement.
The Fenwick transaction team included corporate lawyers Michael Brown, Bomi Lee, Maureen Montgomery and Shweta Kumar and Meredith Evancie; technology transactions lawyers Jonathan Millard, Christopher Joslyn, Ana Razmazma and Russell Wong; executive compensation and employee benefits lawyers Shawn Lampron, Kristin O’Hanlon and Hans Andersson; and tax lawyers Adam Halpern and Marianne Tassone.