Blockchain technology continues to transform sectors such as finance, entertainment, logistics and digital identity. More and more organisations are adopting blockchain and Web3-based solutions to innovate, reduce costs and enhance traceability. But to grow with confidence, it is essential to rely on legal advice that understands both the regulatory framework and the technical evolution of the ecosystem.
At Audens we help build blockchain projects on solid legal foundations. We work with platforms that issue tokens, develop smart contracts, operate as crypto-asset service providers (CASPs), tokenise real-world assets or adopt decentralised models such as DAOs, ensuring regulatory compliance and a clear allocation of responsibilities.
The regulatory landscape is no longer uncharted territory. The entry into force of the MiCA Regulation, anti-money laundering (KYC/AML) obligations, the travel rule and guidelines from authorities such as the CNMV or the Bank of Spain have established a new standard. Our work focuses on translating these rules into practical, safe and business-ready solutions, while anticipating the risks inherent in a constantly evolving technical environment.
Blockchain and DLT
We provide legal advice to initiatives based on blockchain and distributed ledger technologies (DLT), whether public or private, from the design phase to implementation and commercial deployment.
Cryptocurrencies and crypto-assets
We assist exchanges, wallets, investment platforms and custody services in their activity as crypto-asset service providers (CASPs), helping them comply with the applicable regulations.
ICOs, STOs and token-based financing
We advise on token issuance and financing processes, including real-world asset (RWA) models, reviewing the whitepaper, validating the tokenomics and defining their legal conditions.
NFTs and unique digital assets
We provide legal advice to projects that use NFTs to represent unique digital assets, defining exploitation rights and the contractual structure required for their commercialisation.
Smart contracts
We validate the design of smart contracts, review the logic that automates the agreed guarantees and ensure that their execution integrates coherently within the contractual relationship.
Anti-money laundering compliance
We design KYC/AML policies for crypto-asset operators, adapted to EU and Spanish requirements, integrating data protection guarantees and obligations such as the travel rule.
Key experience
We advised a platform on the tokenisation of travel vouchers offered to its customers and on launching a scalable ICO. A key challenge was preventing its qualification as a security token, thus avoiding inclusion in CNMV warning lists. The result: over €3 million raised.
We assisted a technology company in creating its own cryptocurrency, launching an ICO, tokenising services and integrating an exchange and wallet. We structured the entire ecosystem from a legal perspective, ensuring compliance with crypto-asset and AML regulations.
We defined the legal strategy for a DAO-based platform integrating exchange, wallet and smart contract services. We structured the project's legal framework, reviewed smart contract models, drafted terms of use and analysed regulatory feasibility before the CNMV and the Bank of Spain.
We led the defence, before the Spanish National Court, of a crypto-investment platform accused of fraud by several users after Bitcoin's drop in 2021. We obtained the dismissal of the case, as there was no deception or intent to defraud: cryptocurrency investment involves risks, which were known and accepted by users.
