A startup-focused law firm, Atrium, has started accepting Bitcoin Core (BTC) & Bitcoin Cash (BCH) for its Fintech and Blockchain practices. The concerned corporate law firm has still now raised over US$500 million for more than three hundred startups. If you are getting legal services from Atrium legal services then you can use BitPay for paying them in cryptocurrencies.
What’s the Announcement of Atrium Law Firm Regarding Bitcoin and Bitcoin Cash?
Atrium legal service is a renowned law firm among
The crypto payment can be done through Bitpay, a renowned crypto payment processor. Reports say acceptance of cryptocurrency payment will make it easier for the firm to accept payments from clients, whose headquarters are located outside the United States. The startups having substantial crypto holdings will find it convenient to make payment through BitPay.
Bitpay’s Chief Commercial Officer, Sonny Singh, said:
“Atrium’s blockchain practice is growing rapidly so it makes sense they would allow their clients to pay in bitcoin. This is another great example of global crypto clients requesting to pay their bills in bitcoin which drives BitPay’s B2B business growth.”
HODL to BUIDL: Giving Leverage to Atrium Law Firm’s Fintech and Blockchain Practice (AFB)
- HODL stands for “hold on for dear life”. It is a crypto industry slang term. This is usually used to signify buying of cryptocurrency and holding on to them no matter what.
- BUIDL is also a crypto slang. It encourages building useful stuff without holding on to the already bought crypto.
The crypto market is still going through the prolonged crypto winter. However, AFB has moved forward to enlarge the cryptocurrency space by accepting cryptocurrencies from clients. In fact, it has helped them to get enhanced demand from fintech and blockchain ventures.
What are the Services Provided by Atrium Law Firm’s Fintech and Blockchain Practice (AFB)?
They assist their clients in a wide array of services including:
- Securities and digital asset offerings
- Platform design
- Regulatory analysis
- Money transmitter licenses
- Broker-dealer registrations
- General corporate matters
- IP-related matters
Atrium Fintech and Blockchain’s head, corporate attorney Ross Barbash, has said:
“While our team’s own bitcoin wallets have been hit hard by the crypto winter, the downturn has accelerated industry maturation. In contrast to the frothiness of 12 months ago, investment is now more consistently flowing to talented teams working on meaningful projects. With the shift from HODL to BUIDL, we are finding it easier to identify and collaborate with the teams that both have the necessary dev chops and are committed to compliance. We are extremely lucky to have a team with diverse legal skills and deep understanding of the ecosystem that enables us to deliver informed, multidisciplinary advice for our clients. We speak our clients’ language and now accept payment in their preferred currency.”
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