King & Wood Mallesons (KWM) acted for Exto Partners and Exto B3V Capital Pty Limited, the manager of Exto’s new blockchain fund, B3V Fund (b3v.io), in relation to the establishment of the fund.
The new fund will make investments in cryptocurrencies, tokens and other blockchain related investments and has commenced building its investment portfolio.
Commenting on the transaction, Tim Sherman said “We are delighted to have worked with Exto in establishing their latest fund. Launching the fund was a significant milestone for all involved and an interesting venture in the context of the maturing regulatory environment for blockchain assets.”
KWM is a leading legal and tax adviser in relation to cryptocurrencies and other blockchain assets.