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Conyers acted for Uulala, Ltd. and tribeOS Ltd., Bermuda’s first two companies to be approved to conduct offerings by the Island’s Minister of Finance under its new initial coin offering (ICO) regulations. Uulala is a mission-driven organisation, which aims to facilitate the financial inclusion of the underbanked and unbanked population by providing access to financial tools. tribeOS is described as the world’s first digital advertising marketplace designed to offer advertisers and publishers a platform where they can run secure and fraud-free campaigns using a truly transparent platform.
The Fintech team on both matters was led by Director and Head of Conyers’ Fintech practice, Chris Garrod and Associate, Jacqueline King.