Moelis & Company, a top global investment bank, has launched a dedicated blockchain advisory practice aimed at providing strategic advisory services to both corporations utilizing blockchain as well as emerging and leading blockchain companies, including those seeking to build a presence in Web3.
Founded in 2007 by billionaire investor Ken Moelis, Moelis & Company provides strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors.
Moelis said that the new division dubbed as ‘Global Blockchain Group’ is led by John Momtazee, Moelis & Company Co-Founder and Global Head of Media Investment Banking. The group will include a team of senior bankers across multiple industry groups with significant experience in advising blockchain companies.
This dedicated center of excellence will coordinate with the Firm’s partners globally as clients across all sectors assess the growing opportunities presented by this disruptive technology.
In connection with this expanded and dedicated advisory offering, the Firm announced the appointment of Lou Kerner as Senior Advisor to the Global Blockchain Group. As Founder of the CryptoOracle Collective, a Web3 consulting firm, and Partner at Blockchain Coinvestors, a leading venture investor to blockchain and crypto companies, Lou brings nearly a decade of experience working with, leading and investing in blockchain, cryptocurrency, smart contracts and decentralized finance companies.
John Momtazee, commented: “The establishment of the Global Blockchain Group demonstrates our commitment to meet our clients in the moment by providing senior-level counsel across both established and emerging industries. With more than 50 unicorns and several decacorns in the sector already and nearly $20 billion of capital raised for blockchain companies last year, blockchain technology is poised to be as transformative to the global business landscape as the Internet was in the late 90s.”
John Momtazee stressed on the strong long-term prospects for blockchain application and an increasing need for high quality strategic advice, sources of capital to fund growth and liability management solutions.
“The presence of Moelis as a leading advisor in this space is an important development for the long-term growth of blockchain technology,” said Lou Kerner.
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