Crypto Investment Fund Formation

Comprehensive legal services for crypto-focused investment funds, from Delaware structures to offshore master-feeder arrangements

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Crypto

Comprehensive Crypto Fund Formation

Fund Structure & Formation

We form crypto-focused funds, from straightforward onshore Delaware structures to master-feeder structures using BVI entities for smaller or cost-sensitive funds and Cayman entities for larger or institutional funds. We draft all core fund documents (PPM, LPA, subscription agreements), handle regulatory filings (Form D, blue-sky), and engage and coordinate with offshore counsel on forming offshore entities and reviewing related documents.

Regulatory & Compliance Expertise

We advise on token classification under the Howey test, SEC and CFTC exemptions, and AML/KYC frameworks. We have structured fiat- and crypto-denominated funds, including BTC- and ETH-denominated vehicles, and developed custody and valuation policies tailored to digital assets. We also assist clients with SAFE and SAFT instruments for token-based fundraising.

Key Features & Benefits

Flexible Structures

  • Delaware onshore structures
  • BVI entities for smaller funds
  • Cayman entities for institutional funds

Regulatory Compliance

  • Token classification under Howey test
  • SEC and CFTC exemptions
  • AML/KYC framework compliance

Digital Asset Expertise

  • BTC and ETH denominated vehicles
  • Custody and valuation policies
  • SAFE and SAFT instruments

Scope of Work

Fund Documents

  • Private Placement Memorandum
  • Subscription Agreement
  • Limited Partnership Agreement
  • Investment Management Agreement
  • Operating Agreement

Entity Formation

  • Fund Entity (DE)
  • General Partner Entity
  • Investment Manager Entity (if applicable)
  • Delaware Registered Agent
  • EINs

Regulatory Filings

  • Form D
  • Form ADV (if applicable)
  • Offshore (Cayman / BVI) (if applicable)

Form and register the Cayman or BVI master or feeder, secure registered office/agent, prepare core constitutional documents, and coordinate with offshore counsel on all local filings, approvals, and government fees.

Timeline

1

Delaware Only Fund

Formation to first closing generally takes about four weeks, assuming you and your investors stay on task.

2

Offshore Feeder Required

Where a Cayman or BVI feeder is required, the process typically extends to six to eight weeks.

Pricing

Our Fees

Starting at $20,000

for a Delaware fund structure

Big Law Comparison

$40,000 - $100,000

for the same work at traditional law firms

Ready to Launch Your Crypto Fund?

Our experienced team is ready to help you structure and launch your crypto investment fund with comprehensive legal support.

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