LEXR is pleased to announce its role as legal advisor in Relai’s successful Series A financing round. Relai – a Swiss-based Bitcoin investment startup – has raised $12 million to accelerate its mission of making Bitcoin accessible to more people across Europe. This milestone funding marks an exciting step for Relai and highlights the growing momentum behind Bitcoin-focused innovation in the European fintech scene.
Relai’s Series A: Bringing Bitcoin to the Masses in Europe
Relai is a fintech company dedicated to simplifying Bitcoin for everyday users. Founded in 2020 in Zurich, Relai offers a user-friendly app that enables anyone to buy and sell Bitcoin within minutes, all while allowing users to maintain control of their own funds through a self-custodial wallet.
The recent $12 million Series A round – led by Bitcoin venture firm Ego Death Capital – provides Relai with the resources to expand its services across Europe and reach a broader audience. This investment will help Relai enhance its platform, grow its user base, and further its vision of becoming Europe’s go-to Bitcoin investment platform. In an industry where regulatory and technical complexities can pose challenges, Relai’s achievement stands out as a testament to the demand for accessible crypto-financial services.
LEXR’s Role as Legal Advisor in the Financing Round
As Relai’s legal partner for this financing, LEXR guided the company through the complexities of the Series A transaction. Our team provided comprehensive legal support throughout the process – from term sheet negotiations and due diligence to regulatory compliance checks and final closing documentation.
Navigating a fundraising round in the crypto and fintech space requires specialized expertise, and LEXR was proud to apply its experience in fintech law to ensure a smooth and secure transaction. By addressing intricate compliance requirements and structuring the deal effectively, we helped position Relai to receive this growth capital while safeguarding the company’s and investors’ interests. This collaboration exemplifies LEXR’s commitment to supporting bold founders with big visions, especially in cutting-edge sectors like blockchain and digital finance.
Looking Ahead: A Milestone for Fintech and Congratulations
The completion of Relai’s Series A financing is not just a milestone for one company – it’s a positive signal for the broader startup and crypto community. With innovative companies like Relai leading the charge, the future of finance is being rewritten — one Bitcoin at a time.
LEXR congratulates Relai’s CEO Julian Liniger and the entire Relai team on this achievement. We look forward to seeing Relai leverage this funding to further democratize Bitcoin investing across Europe, and we are excited to continue supporting visionary startups on their growth journeys.
