12 September 2024 • 2 minute read
DLA Piper Argentina advises Roxom Ltd. in its US$4.3 million pre-seed funding round
DLA Piper Argentina advised Roxom, a Bitcoin-based trading platform, in the completion of a pre-startup funding round of US$4.3 million.
The capital raised will be employed for the development and expansion of the company’s platform, as well as the implementation of new functionalities that will strengthen the integration of Bitcoin into financial trading.
Roxom bills itself as the first exchange to list and name stocks, commodities and futures in Bitcoin. The platform allows users to view global markets and transact using Bitcoin, rather than traditional fiat currencies.
The DLA Piper team was led by partner Antonio Arias and included associate Ignacio Bard (both in Buenos Aires).
DLA Piper in Latin America's Team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform. With over 450 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, in addition to our US-based cross-border attorneys, our teams frequently work with our professionals throughout the LatAm region, Iberian Peninsula, and around the globe. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to serve all our clients’ legal and business needs, whether they are based in Latin America or wish to do business there. For more information, visit Latin America | DLA Piper.
The capital raised will be employed for the development and expansion of the company’s platform, as well as the implementation of new functionalities that will strengthen the integration of Bitcoin into financial trading.
Roxom bills itself as the first exchange to list and name stocks, commodities and futures in Bitcoin. The platform allows users to view global markets and transact using Bitcoin, rather than traditional fiat currencies.
The DLA Piper team was led by partner Antonio Arias and included associate Ignacio Bard (both in Buenos Aires).
DLA Piper in Latin America's Team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform. With over 450 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, in addition to our US-based cross-border attorneys, our teams frequently work with our professionals throughout the LatAm region, Iberian Peninsula, and around the globe. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to serve all our clients’ legal and business needs, whether they are based in Latin America or wish to do business there. For more information, visit Latin America | DLA Piper.
