Norton Rose Fulbright advises sponsor on KR1’s Main Market listing

Global law firm Norton Rose Fulbright advised Singer Capital Markets in its capacity as sponsor to KR1 PLC on the company’s proposed step up to listing on the Equity Shares (Commercial Companies) category of the Official List of the FCA and admission to trading on the Main Market of the London Stock Exchange.

Singer Capital Markets will also act as bookrunner for a placing programme established by KR1.

KR1 PLC is a leading digital asset technology company focused on decentralised technologies and staking. It generates income by participating in proof-of-stake blockchain networks, either directly or via third-party providers.

The Norton Rose Fulbright team was led by senior consultant Ian Fox, counsel Alex Green and Corporate, M&A and Securities partner, Richard Sheen. The team also included partners Hannah Meakin (financial services) and Sean Murphy (FinTech).

Alex Green said:

“We’re pleased to have supported Singer Capital Markets on KR1’s proposed step up to the Main Market. This marks an important milestone for KR1 as it continues to grow its presence in the digital assets space. The transaction highlights the UK's increasing reputation as a centre for digital asset development as the FCA's regulatory framework is further developed.”

Norton Rose Fulbright’s market-leading FinTech practice is ranked Tier 1 in both Chambers and Legal 500. The team advises clients across the entire FinTech and digital asset ecosystems on their M&A, fundraising, licensing, market entry, regulatory compliance, product development and complex disputes, leveraging expertise across more than 50 cities worldwide.