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1 September 2017 BLP advises on ICO of Atlant, real estate platform in blockchain

International law firm Berwin Leighton Paisner (BLP) has advised Atlant on its ICO (Initial Coin Offering) in connection with EU regulatory issues. Atlant is real estate platform built on blockchain, specialising in tokenisation of real estate and decentralised P2P rentals, and is one of the first projects globally in this space. The pre-sale ICO raised $US1.5m in cryptocurrency equivalent and main ICO opens on 7 September 2017.

A joint team including the London office of BLP and Moscow office (Goltsblat BLP) were both involved.

The deal was led by Oleg Khokhlov, Partner in Banking & Finance in Moscow and Matthew Baker, Partner in Financial Regulatory in London.

Oleg Khokhlov, Partner at Goltsblat BLP, Russian practice of BLP says: "We are glad to advise Atlant on its ground-breaking ICO in real estate blockchain space and looking forward to advising on implementation of Atlant’s ambitious plans."

Julian Svirsky, founder of Atlant says: "It was pleasure to work with BLP international team on this project  and we believe that first-class expertise of BLP and Goltsblat BLP in the real estate market will help us going forward."

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