March 19, 2018 News

SMP advises first registered
Crypto Fund in Germany

SMP has advised Blockwall Management GmbH on the formation of their Crypto Fund "Blockwall Capital I". As early as February 12, 2018, Blockwall Management GmbH had been registered with German BaFin (Financial Supervisory Authority) as Alternative Investment Fund Manager focusing particularly on Crypto Investments. Blockwall Capital I will invest almost entirely in Crypto Assets. Thus, SMP advised on structuring the most likely first-ever Crypto Entity to be registered with BaFin under AIFM regime.