Web3 Fundraising & Investment Documentation

Expert legal services for blockchain and crypto capital raising transactions, covering token sales, equity financing, and hybrid investment structures. gunnercooke advises on the full spectrum of Web3 fundraising from ICO/IEO/IDO structuring to traditional venture capital rounds.

Token Fundraising Services

Token Sale Structuring:

• ICO/IEO/IDO legal structuring and regulatory compliance
• SAFT (Simple Agreement for Future Tokens) drafting and advisory
• Token purchase agreement negotiation and documentation
• Token warrant agreements for early investors
• Presale and private sale legal frameworks
• Public sale terms and conditions

Security Token Offerings:

• STO legal structuring and compliance
• Prospectus requirements and exemptions
• Token classification as securities and regulatory analysis
• Investor qualification and accreditation verification
• Secondary market trading compliance frameworks
• Cross-border STO regulatory navigation

Notable Experience:

• Advised on first successful ICO in UK
• Advised on first successful security token offering (equity tokenization) in UK
• Advised on first equity issuance settled on blockchain
• Advised Dream Up Ventures on tokenizing shares through security token offering
• Pioneered functional cryptoasset classification framework published in Ledger academic journal

Equity & Venture Capital

Venture Financing:

• Equity financing for crypto startups and blockchain companies
• Convertible note and SAFE agreements with token provisions
• SAFE notes with token side letters
• Venture capital term sheet negotiation
• Investor rights and protections in hybrid token/equity structures
• Cap table management for combined token and equity structures

Strategic Investments:

• Strategic partnerships and joint ventures
• Technology licensing and IP agreements
• Crypto fund investment documentation
• Cross-border investment structures
• Management and founder share arrangements

Target Clients

Blockchain startups seeking capital, token issuers conducting ICOs/STOs, crypto companies raising venture capital, DeFi protocols with token launches, NFT projects with fundraising components, Web3 startups, and investors in crypto assets.

Differentiators

gunnercooke's team has been at the forefront of Web3 fundraising innovation, having advised on the first ICO and first equity tokenization in the UK. They understand the complex interplay between token economics, securities regulation, and venture capital structures. The team provides pragmatic guidance that balances innovation with regulatory compliance, and prefers fixed fee arrangements for predictability. Their work has helped shape UK crypto regulation rather than just interpreting it.