Carey Olsen and Zedra have supported Jersey-based token issuer Vow on the launch of its Vow token ecosystem, a solution for distributing debt-free liquidity into local communities through a customer loyalty mechanic.
Carey Olsen Partner Chris Griffin, who leads Jersey's digital assets, fintech and blockchain team, and Associate Daniel Burridge advised Vow on navigating Jersey's application process for token issuances.
This included the form and content of Vow's offering documentation, the company's AML/CFT policies and procedures, and the contractual and data protection requirements of the online token issuance portal.
Zedra’s fintech team worked alongside Carey Olsen to establish the Jersey vehicle for the Vow project and provided structuring services to the issuer in advance of the distribution of tokens.