Innovation Award: Stephen Wink, Yvette Valdez and David Concannon, Latham & Watkins
"We are gratified that the novel document generator we collaborated on with our client ConsenSys has been positively received, and a large number of entrepreneurs and startups are using the tool to efficiently raise capital and push forward with their innovations."
October 20, 2020 at 10:05 AM
4 minute read
What are some of your proudest achievements from the past year? We were delighted and honored to have collaborated with our client ConsenSys, a thought leader and innovator in the blockchain technology space, on the Automated Convertible Note. The OpenLaw-based online document generator helps startups raise capital with customizable market standard terms and optional digital token provisions. The free-to-use tool builds in protections and much needed flexibility to navigate securities regulatory concerns in nascent token projects. Also, the tool addresses the commodities regulatory issues present in investment structures that offer the investor a right to tokens. We are gratified that the novel document generator has been positively received, and a large number of entrepreneurs and startups are using the tool to efficiently raise capital and push forward with their innovations, particularly in this critical and fast-evolving market.
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