STADLER VÖLKEL Rechtsanwälte GmbH

SV.LAW advises Morpher on $6 million Series A financing round

13 February 2022
SV.LAW advises Morpher on $6 million Series A financing round

STADLER VÖLKEL advised Morpher Inc. (USA) and its wholly owned subsidiary Morpher Labs GmbH (Austria) in connection with its $6 million Series A financing round. The financing round was led by Draper Associates (USA), a venture capital firm based in Silicon Valley founded by the renowned investor and crypto enthusiast Tim Draper. Additional investors include APEX Ventures (Austria) and RTP Global (Guernsey). Morpher has developed a decentralized platform that allows users to predict the price development of various assets including stocks, commodities and virtual currencies using the platform's own "MPH token". The platform utilizes smart contracts to enable buying and selling without the need of a broker or even a counterparty. According to Martin Fröhler, the founder of Morpher, "I could be the only one in the world who wants to trade Apple stock right now and it would still work." The company sees itself as a global "challenger broker" like Robinhood or Trade Republic, providing 24/7 access to the financial markets without fees or middlemen. "We are pleased to have supported Morpher since 2018 and are thrilled to have advised the company on its Series A financing round. Morpher is on the forefront of utilizing blockchain technology to build a better financial market and we are excited to watch the company continue to grow and prosper," said Bryan Hollmann, US-counsel at STADLER VÖLKEL, who led the team along with founding partner Oliver Völkel. STADLER VÖLKEL is a commercial law firm in Vienna, Austria that specializes in finance and capital market law. The firm provides comprehensive legal advice to crypto pioneers and established players on financing, capital markets and regulatory matters. For further information, please contact:Bryan Hollmann **Bryan Hollmann, Esq., LL.M.**Email: Bryan.Hollmann@sv.law Oliver Völkel **Dr. Oliver Völkel, LL.M.**Email: Oliver.Voelkel@sv.law

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