LK Shields Solicitors LLP was delighted to act for Pires Investments Plc in connection with their investment in YOP, a decentralised finance technology platform.
Decentralised Finance is a fast-growing global suite of products running on the Ethereum network which provides solutions for the owners of cryptocurrency assets who wish to generate an investment return from their assets. With the successful adoption of cryptocurrencies such as Bitcoin, followed by the global rollout of smart contracts let by Ethereum, decentralised finance represents the next phase of development of the cryptocurrency market.
YOP will make it easier for less technical users to engage with decentralised finance who, via the YOP app, will be able to access to, and interact with decentralised finance services in a more straightforward and user-friendly manner.
Emmet Scully partner in our corporate department led the transaction assisted by Lester Sosa-Villatoro.
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