YPOG advised the State of Hesse on the deal.
The Federal State of Hesse completed the liquidation of crypto assets with a market value of exceeding € 100 million. Bankhaus Scheich Wertpapierspezialist AG acts as market maker in the context of such liquidation by way of a market sale. The umbrella agreement is intended to establishe a long-term partnership and thus also serves as a basis for future realizations of confiscated crypto assets by the State of Hesse.
The YPOG team included Daniel Resas (Picture – Co-Lead, Transactions), Associated Partner; Dr. Niklas Ulrich (Co-Lead, Regulatory), Associate; Dr. Jörn Wöbke (Transactions), Partner.
Law Firms: YPOG;
Clients: Land Hessen;