Fenwick represented Coinbase (Nasdaq: COIN), a leading provider of end-to-end financial infrastructure and technology for the cryptoeconomy, in its acquihire of Meemo, an AI-powered social finance app. Financial terms of the transaction were not disclosed.
The transaction brings Meemo’s know-how, systems and experience in large-scale data processing to Coinbase. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Bomi Lee and included associates Shajee Rizvi and Andrew Webber; technology transactions partner Joseph Schenck and associates Barbara Wong and Adine Mitrani.