Volatility roiled the nascent crypto and Web 3.0 market in 2022 after an explosion of mergers and acquisitions the year before. That underscores the need for companies to adjust common M&A agreements in deals involving crypto or digital assets.
December 08, 2022 at 03:33 PM
5 minute read
Volatility roiled the nascent crypto and Web 3.0 market in 2022 after an explosion of mergers and acquisitions the year before. That underscores the need for companies to adjust common M&A agreements in deals involving crypto or digital assets.
We reviewed 29 publicly available M&A agreements that address crypto. We discovered practitioners including crypto carve-outs to “material adverse effect,” crypto purchase price mechanics and crypto and digital asset representations and warranties.
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