Sergey Ostrovskiy’s practice focuses on a wide range of 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 advice to management teams and boards of directors on the design and structure of complex corporate, technology, and intellectual property transactions as well as other matters regarding corporate governance and shareholder relations. He represents multiple prominent blockchain projects, alternative finance companies and DeFi organisations with respect to various legal, compliance and security issues.
Sergey has particular experience with advising virtual asset businesses, structuring token generation events (TGEs or ICOs), obtaining DLT licenses, no-action letters and government permissions, as well as drafting and negotiating token purchase agreements, SAFTs and related legal documentation.
Sergey acted as strategic advisor and legal counsel to various token generation event projects that raised over US$75 million in proceeds.
Sergey is one of the authors of the new Ukrainian data protection legislation concept introduced as a part of the upcoming Ukrainian data protection law reform and is a member to the Data Protection working group at the Digital Transformation Committee of the Ukrainian Parliament.
Practices and Industries
- IT and technologies.
- Blockchain and Virtual Assets.
- Alternative Finance, Financial Technology (FinTech) and Decentralised Finance (DeFi).
- Corporate law, M&A.
- Privacy and data protection, GDPR compliance.
- Private equity and investments.
Advising a Swiss-based digital asset exchange on a wide range of legal matters, including product development, token design, protection of intellectual property and trade secrets, regulatory compliance, privacy and data protection, corporate governance and shareholders’ relations.
Structuring a European-based token generation event that raised over US$20 million in token sale proceeds, general and strategic legal counselling, development of the corporate and legal structure, drafting the token sale and related documentation, and advising on compliance and risk management issues.
Participated in the structuring of a set of transactions on the purchase of virtual assets in the aggregate amount of US$18 million.
Representing a family office in a US$1 million investment transaction into a US-based company, legal due diligence, recalculating the quantity of shares due to the client and successful negotiating of its increase, and reviewing and negotiating the terms of the deal.
Structuring a US$5 million private equity fund, advising the client on compliance and governance matters, developing organisational and offering documentation, and assisting on the fund strategy.
Representing institutional investors in a US$3 million cross-border investment transaction on the purchase of a heavy oil processing technology, conducting due diligence, establishing joint venture, developing and negotiating investment documentation, and advising on the tax, compliance and governance issues. Transaction was structured across five different jurisdictions.
Relocating a tech product company to the US, setting up the entities, drafting comprehensive organisational and corporate documentation, transferring the product and technology, protecting intellectual property rights, and drafting documentation for a Reg D compliant offering.
LL.M., Yaroslav Mudryi National Law University (Kharkov, Ukraine).