Congratulations to Israel-based GT clients Optibus, Aqua Security and Cynet on their recent achievements:

  • Optibus, a cloud-native AI platform for planning and operating mass transportation, which recently announced a Series C $107 million funding round
  • Aqua Securities, a pure-play cloud native security company, which allows businesses to operate with minimal friction, which recently announced the

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The CFTC has asserted that Bitcoin is, and other virtual currencies may be, commodities under the Commodity Exchange Act.   As such, pursuant to Section 2(c)(2)(D) of such Act, “off exchange” financed retail transactions in virtual currency are prohibited unless an exception applies.   One exception found in Section 2(c)(2)(D)(ii)(III)(aa) provides, in relevant part, that such a…

Greenberg Traurig’s Tel Aviv and Germany offices jointly advised a group of Israeli institutional investors who acquired the Eschborn Plaza office complex in a joint venture lead by Aurec Capital. The group was comprised of Migdal Insurance Group, Bank Leumi Pension Fund, and IDI Insurance Company as well as a leading Israeli provident and…

Venture capital is a form of financing that is typically provided by venture capital firms or funds to companies that are in a growth stage in exchange for equity securities of such companies. In recent years it has become standard in the venture capital industry to use a number of different documents in such financings.…