Fladgate has advised Argo Blockchain PLC (LSE: ARB), a leading cryptocurrency miner based in the UK, on a £1million investment in Pluto Digital Assets PLC.
Pluto is a crypto venture capital and technology company that connects Web 3.0 decentralised technologies to the global economy. Pluto invests in, incubates and advises digital asset projects based on decentralised technologies (DeTech), decentralised finance (DeFi) and networks such as Ethereum and Polkadot.
This investment follows on from our recent work advising Argo on a £22.4million private placing to US institutional investors in January 2021. Fladgate’s capital markets and financial services regulatory team also advised on Argo’s Standard listing and £25 million financing in August 2018.
Partner David Robinson led the team.