Virtual Asset services
The virtual asset sector continues to evolve rapidly - as regulatory frameworks adapt to this emerging landscape, structuring virtual asset-related entities in a compliant and efficient manner is more crucial than ever. We provide a full suite of virtual asset services, helping clients navigate the complexities of this dynamic industry while ensuring robust governance and compliance.
Comprehensive virtual asset services
Our expertise spans multiple service areas, ensuring a tailored approach that meets the unique needs of virtual asset projects. We support a range of structures, including investment funds, foundation companies, and Decentralised Autonomous Organizations (DAOs), across both the British Virgin Islands and the Cayman Islands.
Virtual asset investment companies
BVI and Cayman are popular jurisdictions for virtual asset investment companies; they are commonly used for:
- Proprietary trading vehicles.
- Early stage investing or angel/venture capital investments.
- As a token issuer (in BVI only as this is not regulated under the BVI VASP Act)
- Exchange or custodian services (this is regulated in BVI and Cayman, requiring registration/license under the relevant VASP Act)
- Third party services to the crypto industry such as mining and provision of mining equipment and many other services.
Virtual asset investment funds
- Provision of independent directors with expertise in virtual assets
- Trustee services for virtual asset structures
- Registered office services for fund vehicles
- AML officers and compliance solutions
- AML policies and procedures tailored to virtual assets
- Registrar and transfer agent services, including investor onboarding and monitoring
- AEOI compliance, covering FATCA and CRS reporting
Foundation companies
- Provision of independent directors and supervisors
- Registered office and company secretarial services
- Customer due diligence for key stakeholders
- Structuring and governance for virtual asset initiatives
DAOs
- Establishment and governance of foundation companies as legal wrappers for DAOs
- AML and compliance support for DAO structures
- Ongoing oversight and governance solutions
With a presence in 10 locations across six jurisdictions, we offer seamless global support for virtual asset ventures. Our collaboration with our strategic alliance partner Harneys enables us to provide fully integrated fiduciary, compliance, and business solutions tailored to the evolving needs of the virtual asset industry. By choosing Harneys Fiduciary, clients benefit from streamlined processes, and regulatory expertise committed to their success in the virtual asset space.
To explore how our virtual asset services can support your needs, contact our team today.
