Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
D1 Co-Leads Investment in Fireblocks
- Client News
- January 27, 2022
Paul, Weiss advised D1 Capital in its investment in Fireblocks, an enterprise-grade platform delivering a secure infrastructure for moving, storing and issuing digital and crypto assets for over 800 major institutions. D1 Capital partners, alongside Spark Capital, led the $550 million Series E funding round, with participation from General Atlantic, Index Ventures, CapitalG, Altimeter and others. The round brings the company’s valuation to $8 billion, making Fireblocks the highest-valued digital asset infrastructure provider to date.
The Paul, Weiss team included corporate partner Ted Ackerman; litigation partner Audra Soloway; and tax partner David Mayo.