Fenwick represented Wyre, a cryptocurrency infrastructure provider, in its agreement to be acquired by Bolt, an online checkout experience platform.
The acquisition, which is anticipated to close later in 2022, comes amid growing demand for purchasing goods and services with cryptocurrency and the opportunity of Web3. By joining forces, Bolt and Wyre will build commerce solutions for mainstream, secure cryptocurrency usage for millions of shoppers, retailers and developers. More information can be obtained from Bolt’s announcement.
Fenwick has served as counsel to Wyre for several years, led by corporate partners Michael Esquivel and Patrick Grilli. The Fenwick transaction team included corporate partners Kris Withrow and Michael Esquivel, associates Jeff Zhang, Zachary Portnoy, Christopher Sun, Brooke Longhurst, Jordan Beals and Brandon Ho and law clerk Philip Ewing; technology transactions partner Jonathan Millard, counsel Cara Ann Rydbeck and associates Russell Wong and Julia Chung; executive compensation and employee benefits partner Marshall Mort and associates Jennifer Lin and Jonathan Stephenson; privacy and cybersecurity counsel Helen Christakos; regulatory partner Tom Ensign and associates Elizabeth Suarez and Kevin Kirby; and tax partner Julia Ushakova-Stein and associate Ariel Love.