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MYNB

Industry sectors: Web3, digital assets, and token issuance
Jurisdictions: Cayman Islands
Client's business objectives: Establishing a clear regulatory pathway for a utility token issuance, designing a flexible yet credible cross-border entity structure, and preparing the legal framework for international expansion.

In order to launch a utility token, the client needed a legally sound corporate structure capable of supporting token issuance, day-to-day operations, and international partnerships. To achieve this, MYNB first had to confirm the token’s non-security classification and incorporate the entity in a flexible, globally recognized jurisdiction like the Cayman Islands. During this stage, our specialists conducted a comprehensive regulatory analysis to confirm the token’s utility model and keep it outside the financial-instrument/security classification. 

We helped the client to manage the holding entity registration in the Cayman Islands and designed an internal group structure that clearly defined the roles of token-issuing, development, and operational entities. With our end-to-end legal and corporate guidance, MYNB secured a compliant framework fully equipped for token issuance and ongoing international expansion.

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