Sergey Ostrovskiy specialises in corporate, investment, and commercial matters for IT and technological companies, alternative finance and blockchain projects, venture capital and private equity firms, and their portfolio companies.

Sergey provides strategic guidance to management teams and boards of directors on complex corporate, technology, and intellectual property transactions, corporate governance, and shareholder relations. He represents leading alternative finance companies, blockchain projects, and DeFi protocols on various legal, compliance, and security issues.

Sergey has extensive experience advising blockchain and cryptocurrency businesses on legal and regulatory aspects of their operation, obtaining DLT licenses and VASP authorisations, no-action letters, and government permissions. He has successfully structured various types of fundraising events for blockchain and crypto companies, such as equity, token, and equity+token financings, and all forms of token offerings, including ICOs, IDOs, various private and launchpad offerings, and liquidity bootstrapping events.

As a strategic advisor and legal counsel, Sergey has helped his clients raise over US$75 million through token generation events. He also serves as an independent director on the boards of financial and blockchain companies.

In addition, Sergey is one of the authors of the new Ukrainian data protection legislation concept, part of the upcoming Ukrainian data protection law reform. He is a member of the Data Protection working group at the Digital Transformation Committee of the Ukrainian Parliament.

Practices and Industries

•  IT and technologies;
•  Blockchain and cryptocurrencies;
•  Alternative Finance and Decentralised Finance (DeFi);
•  DAOs and Web3;
•  Corporate law, M&A;
•  Regulatory compliance;
•  Privacy and data protection, GDPR compliance;
•  Private equity and investments.

Selected Projects

Provided legal advice and guidance to a regulated digital asset exchange on various legal matters, such as product development, intellectual property protection, regulatory compliance, privacy, corporate governance, and shareholders’ relations.

Acted as the lead counsel for a Swiss-based corporation in structuring, negotiating and closing a US $135 million credit facility.

Structured a token generation event in Europe that raised over US$20 million in token sale proceeds, developed the legal and regulatory strategy for the project, formed the legal structure, prepared all the necessary legal and related documentation, provided general and strategic advice.

Structured a complex transaction involving the purchase of virtual assets (crypto tokens) with a total value of US$18 million.

Represented a family office in a US$1 million investment transaction into a US-based company. Secured recalculation and increased the number of shares issued to the client upon closing.

Structured a US$5 million private equity fund, advised the client on compliance and governance matters, developed organisational and offering documentation, and assisted with the fund strategy.

Represented institutional investors in a US$3 million cross-border investment transaction to purchase a heavy oil processing technology. Conducted due diligence, established a joint venture, developed and negotiated investment documentation, and advised on tax, compliance, and governance issues. The transaction was structured across five different jurisdictions.

Advised a blockchain project on the transition to a DAO, developed regulatory and compliance strategy for the transitioning and achieving sufficient decentralisation, and structured a legal wrapper for the DAO.

Languages

•  English.
•  German.
•  Ukrainian.
•  Russian.