Fenwick Represents Coinbase in Acquisition of Cipher Browser

Fenwick & West represented Coinbase, Inc., a leading digital currency wallet and platform where merchants and consumers can transact with new digital currencies, in its acquisition of HardFork Inc. (dba Cipher Browser), a decentralized app browser and wallet for the Ethereum blockchain. Financial terms of the transaction were not disclosed.

Coinbase will merge certain of Cipher Browser’s features into Toshi, Coinbase’s decentralized mobile browser. More information about Coinbase’s acquisition of Cipher Browser can be obtained here.

The Fenwick transaction team included corporate lawyers Michael Brown, Bomi Lee, Doug Sharp, Meredith Evancie and Noah Driggs; technology transactions lawyers Jonathan Millard and Michael Riskin; executive compensation and employee benefits lawyers Shawn Lampron and Kristin O’Hanlon; and tax lawyers Idan Netser and Michael Knobler.