Harneys advises Blockasset on launch of sports star NFT collections

Harneys continues its groundbreaking work in the NFT and digital assets space after advising Blockasset in connection with the launch of its NFT collections featuring sports stars such as Wayne Rooney, Mike Bisping, Muhammad Ali, Alexander Ovechkin, and Jonah Lomu.

The NFT release, labelled the “Legends” collection, features generative art of each of the legendary athletes and launched in NYC’s Times Square on 6 November 2021. Blockasset also featured their art in a mural on a wall of Banksy Tunnel in London and recently completed the listing of their $BLOCK platform token on the Gate centralized exchange.

The Harneys team was led by Associate Marc Piano with support from Partner Phil Graham. Harneys acted as offshore counsel to Blockasset, working closely with Hill Dickinson, Blockasset’s UK counsel.

Phil commented: “We congratulate Blockasset on their successful launch and we are pleased to have advised them on the offshore intricacies during this process. Our team continues to demonstrate its unparalleled expertise, keeping apace with the meteoric rise of digital assets and the many industry first ventures that are launched.”

The Blockchain and Digital Assets team at Harneys comprises of corporate, banking, investment funds, and litigation lawyers who are experts in the law and regulation surrounding blockchain and digital assets, and have deep understanding of the underlying technology. They act for both issuers of digital assets and investment funds who invest in them. The team are members of the leading industry working groups in the BVI, the Cayman Islands, and the United States.