Fenwick Represents Coinbase in Acquisition of Opyn Markets Leadership Team

Fenwick represented Coinbase Global, Inc. (Nasdaq: COIN), a leading provider of end-to-end financial infrastructure and technology for the cryptoeconomy, in its acquisition of the leadership team behind Opyn Markets.

Opyn Markets leadership team brings a rare combination of deep onchain technical expertise, strong understanding of traditional market structure, and hands-on experience building decentralized products from the ground up. Their experience will help Coinbase accelerate their efforts to bring more of their exchange business onchain, including advancing our onchain markets infrastructure like Verified Pools. More information can be obtained from Coinbase’s announcement.

The Fenwick transaction team included corporate partner Bomi Lee and associates Siobhan McGurk and Kennedii Brock; technology transactions associate Julia Arruda and advisor Sandra Weustink; and payments systems associate Igor Voloshin.