GSK Stockmann advised the stablecoin infrastructure platform Iron and the majority of its shareholders on the sale of Iron to MoonPay.
A GSK Stockmann team led by Berlin partner and M&A and venture capital specialist Thomas Derlin provided comprehensive legal support for the sale. Their advice covered all aspects of the sale in this complex cross-border transaction, covering a wide variety of legal topics, including deal and tax structuring as well as the drafting and negotiation of the complex transaction documents.
Iron was launched in 2024 by Unstoppable Finance GmbH, a Berlin-based technology company backed by leading venture capital firms including Lightspeed Venture Partners and Speedinvest. The company develops digital assets and FinTech solutions, in particular a state-of-the-art stablecoin API.
The Miami-based company MoonPay is one of the world’s leading developers of crypto payment infrastructure. In its most recent Series A financing round in 2021, it raised USD 555 million and was valued at USD 3.4 billion.
Iron is MoonPay’s second significant acquisition within three months, following the takeover of Helio in January. Iron’s platform provides an API-based stablecoin infrastructure, enabling MoonPay to offer institutional-grade stablecoin payment solutions for FinTechs, banks, PSPs and DeFi companies.
Advisers of Iron at GSK Stockmann:
Dr Thomas Derlin (lead), Dr Andreas C. Peters (both M&A), Dr Jörg Kahler (IP/IT/Data Protection/AI), Dr Philipp M. Kuhn (Employment/ Compensation & Benefits), Dominik Berka (Tax), Nicole Deparade (Employment/ Compensation & Benefits); Associates: Andrea Nowak, Christina Lorf, Johanna Baumann (all M&A)
Other advisers:
Iron:
Cozen O’Connor: Christopher Bellini, Chad M. Cowan, John E. Ludlum, Orlando Lopez-Fernandez (all on US law as local counsel co-ordinated by GSK Stockmann)
MoonPay:
Lark: Dr Daniel Gubitz, Dr Tobias Stuppi, Max Hentrich.
Cooley: David G. Safren, Wesley E. Dietrich
