December 4, 2025

Lessons Learned from Leading Crypto/Stablecoin Offerings and Fund Formation

We at Kurtin PLLC have now led over a dozen cryptocurrency/stablecoin and other digital token offerings and capital raises with an aggregate value of hundreds of millions of dollars, often in connection with fund formation and often cross-border, with non-U.S. sponsors ranging from the UAE to Canada and Mexico accessing the U.S. capital markets and Blockchain infrastructure. We have reported extensively on the rapidly changing legal, regulatory and finance environment in the U.S. As the year-end approaches, we wanted to distill our reports into one advisory for our clients' and prospective clients' convenience. This year's principal crypto/stablecoin-related advisories are linked below. You can also find them, with other resources, on our website at Kurtin PLLC Information Technologies, Blockchain & Internet.

• SEC Charts Comprehensive Cryptocurrency/Digital Asset Regulation Course (November 2025)

• Forming Crypto/Digital Asset Funds Using Wyoming DAO/Blockchain and U.S. Securities Laws (October 2025)

• Raising Capital through Private Placements and Raising Capital Exemption Chart (September 2025)

• First U.S. Cryptocurrency Stablecoin Regulation Act Becomes Law (July 2025)

• How to Handle an Initial Coin Offering (April 2025)

• Special Purpose Vehicles: Uses and Abuses (February 2025)



If you are considering launching a crypto/stablecoin offering, whether in connection with fund formation or not, we will be happy to speak to you about it.

Owen D. Kurtin

For additional information on our professional services, please visit our website at the link below and contact us at info@kurtinlaw.com.

Kurtin PLLC, a New York City-based law firm, focuses on corporate, commercial and regulatory representation in the Biotechnology & Life Sciences, Communications & Media,

Information Technologies, Blockchain & Internet, Satellites & Space and Venture Capital & Private Equity sectors. Since our founding in 2008, we have represented clients in over forty countries on six continents and across the United States on transactional and dispute resolution matters. Among our key values, none rank higher than creative and individualized solutions to business issues, absolute client discretion and unsurpassed responsiveness.

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