North American legal firm Segev LLP has developed a new blockchain and cryptocurrency practice to further support its various clients.
The practice will support those turning to blockchain technology solutions for their software platforms, and for raising capital by way of token generation events or initial coin offerings (ICO).
Segev LLP has also revealed that it has been appointed to the advisory board of FansUnite.io to support its token sale, which is due to go live in October.
The firm is already acting as an advisor to FansUnite, which pledges to offer a platform with ”greater security and transparency” to members, at a price up to 80 per cent lower than traditional sportsbooks.
Ron Segev, founding partner of Segev LLP, said: “As a technology firm, we are used to innovating new practice areas as our clients innovate new businesses and technology.
“We have a track record of advising on emerging, often highly regulated ventures, such as online gaming.”
Darius Eghdami, chief executive of FansUnite.io, added: “We are excited to partner with Segev LLP for our upcoming ICO and the development of our innovative sports betting platform.
“With their leading igaming legal team, advanced understanding of blockchain technologies, the token-sale process, and token-sale legal issues, Segev LLP was the ideal partner to help us deliver the highest quality block chain enabled sports betting experience to our valuable customers.”
Related article: Segev expands US gaming division