Hamilton Locke acted for leading Australian bitcoin and crypto exchange platform, Independent Reserve Pty Ltd, on its acquisition of the ‘bitcoin.com.au’ domain. As recently reported in the Australian Financial Review, the acquisition also included a number of other domains, trade marks, business names and intellectual property assets, including a customer list of over 100,000 existing customers. The acquisition is poised to significantly boost Independent Reserve’s reach and market share in Australia, and creates additional opportunities for customers looking for simple and easy access to crypto products.
Commenting on the transaction, Hamilton Locke Partner, Michele Levine said: “We are delighted to continue offering support to Independent Reserve with its continued rapid growth. This acquisition represents another opportunity for us to leverage Hamilton Locke’s capabilities on technology, intellectual property, corporate M&A, privacy and financial services. Hamilton Locke looks forward to continuing to support Independent Reserve on all aspects of its business in the future”.