Norton Rose Fulbright advises DNV GL on its strategic investment in public blockchain service

Global law firm Norton Rose Fulbright has advised DNV GL, the world’s largest classification society and risk management and quality assurance company, on its minority stake acquisition in leading public blockchain service provider VeChain and the development of its associated blockchain experience and capabilities.

As a global quality assurance and audit company, DNV GL specializes in assessments and certification across all industry sectors. This investment enables DNV GL to expand on the digital assurance solutions it has been working on with VeChain, including leveraging on other IoT technologies to enhance quality assurance and risk management in the manufacturing and production process.

Stephen Woods, partner, led on the transaction, supported by George Mason, corporate associate and Sun Hong, partner, on China related aspects.

For further information please contact:

Jessica Seah, Marketing and Communications Manager - Asia
Tel: +852 3405 2327; Mob: +852 6462 3621
jessica.seah@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

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