"Charles Russell Speechlys Advises Token Bay Capital on Launch of Crypto PE/VC Fund in ADGM"

"Charles Russell Speechlys has advised Token Bay Capital on the launch of Token Bay Capital II LP, a crypto private equity and venture capital fund structured as an ADGM limited partnership. The fund, which follows the success of Token Bay Capital I LP, will invest in early-stage companies within the Web 3.0/blockchain ecosystem and is among the first to hold a portfolio of crypto assets under the ADGM's new virtual asset management regime. The collaboration involved expertise from both the firm's London and Dubai teams, highlighting the growing interest in crypto funds in the Middle East."