[Consultation] Draft Opinion on Review of Token White Paper

Law firm Veat prepared a legal review opinion on the token white paper at the request of Block Chain Accelerator A Co.

Block Chain Accelerator A Co. requested Law firm Veat to conduct a legal review on the token white paper.

Law firm Veat conducted a legal review based on the white paper, identifying the blockchain technology and content applied to the corresponding token and determining whether it was classified as a “Securities Act on Capital Markets and Investment Securities” (hereinafter referred to as “Securities Act”) . Law firm Veat comprehensively considered the stance of the Financial Supervisory Service, the definition and classification of investment securities under the Securities Act, and particularly, the status of the token as debt securities, equity securities, investment contract securities, etc. Law firm Veat conducted a meticulous legal review regarding these matters.

Law firm Veat provides legal advisory services covering the overall legal aspects of blockchain, tokens and NFT related industries based on broad understanding of blockchain. This law firm provides exceptional legal advisory services to overcome the uncertainty of the blockchain business environment.

If you need a legal review regarding coins, tokens, NFTs, or blockchain, please contact Law firm Veat at any time.

Thank you.