Fenwick represented Mythical Games, a next-generation gaming technology studio, in its acquisition of DMarket, a marketplace for trading, gaming and esports digital assets. Mythical Games has launched Mythical Marketplace 2.0 following the acquisition of DMarket, as part of its continued commitment to innovation in gaming. The new marketplace is built on Mythical’s new layer 1 EVM blockchain and powered by the Mythos native ecosystem token, MYTH.
The acquisition is a significant milestone for Mythical Games, with DMarket’s tech facilitating the most advanced trading platform for digital assets. It makes Mythical the world’s second-largest processor of digital assets on a distributed ledger after the Ethereum mainnet, as of December. More information can be obtained from the announcement.
Fenwick has served as counsel to Mythical Games for several years, led by corporate partner Steven Levine. The Fenwick transaction team included corporate partners Bomi Lee and Jordan Roberts and associates Jeff Zhang, Min Ju Park, Zoe Zhang and Peter Li; executive compensation and employee benefits partner Marshall Mort and associates Jonathan Stephenson and Jennifer Lin; and technology transactions partners Joseph Schenck and Ralph Pais.