Practice / 01CRYPTO & WEB3

Ship your token without waking up to an SEC letter.

MiCA went live. The SEC is suing anything that moves. Your dev team needs answers this sprint, not a 40-page memo next month. We read the whitepaper, run the node, and have drafted DAO wrappers while most firms were still Googling Ethereum.

Advising crypto founders across the EU, UK, and US since the last cycle.
Practice snapshot
  • €180M+
    RAISED BY OUR CLIENTS
  • 14
    JURISDICTIONS COVERED
  • 40+
    TOKEN LAUNCHES ADVISED
  • 0
    SEC ACTIONS AGAINST CLIENTS
Is this you?

You're in the right place if any of these sound familiar.

  • 01

    You're launching a token and nobody can tell you straight if it's a security.

  • 02

    Your DAO wrapper was drafted by Twitter threads and Discord mods.

  • 03

    You've got US users and you're hoping nobody notices.

  • 04

    Your exchange listing is blocked on a 'legal opinion' you can't get.

  • 05

    MiCA kicks in and you haven't read a single paragraph.

  • 06

    Your dev team is waiting on legal. Your runway isn't.

That's where we come in.

Cost of Inaction

What happens if you ignore this?

Three scenarios we've seen play out. Each one is fixable before it happens, catastrophic after.

Scenario 01
Trigger

Airdrop to US wallets without a securities memo.

Consequence

SEC classifies as an unregistered securities offering. Exchanges delist. Founders face personal liability.

Estimated exposure
€5M+
Scenario 02
Trigger

DAO ships governance token with no legal wrapper.

Consequence

Members become an unincorporated association. Personal liability for every proposal that passes. Treasury frozen on first dispute.

Treasury at risk
100%
Scenario 03
Trigger

Exchange listing stalls on missing MiCA classification.

Consequence

Token sits unlisted for months. Community morale tanks. Competitors ship first.

Time lost
6–12 mo
What We Do

Legal infrastructure for the stack you're actually building.

Jurisdiction & Entity Setup

Pick the right flag for your project — not the fashionable one. We run the trade-offs.

  • Multi-jurisdiction analysis
  • Foundation vs. LTD vs. Dev Co.
  • Banking + treasury fit

Token Launch & Securities

Howey-proof your launch before audit, not after. Memos your exchanges will actually accept.

  • Howey & Reves analysis
  • MiCA classification
  • Listing-ready opinions

Smart Contract & Protocol

Legal review for the contracts your auditors can't flag. Risk, liability, user-facing terms.

  • Protocol risk assessment
  • Terms of service
  • Liability frameworks

DeFi & NFT Frameworks

From pool mechanics to royalty flows. Compliance that doesn't gut the economics.

  • DeFi compliance maps
  • NFT IP + royalties
  • Marketplace terms

DAO Governance

Real legal wrappers, not 'Wyoming DAO LLC' cargo culting. Built for real governance.

  • Legal wrappers (BVI, CH, DE)
  • Governance design
  • Voting + dispute mechanics

Regulatory Strategy

Stay ahead of MiCA, the SEC, and whatever comes next. Playbooks, not panic.

  • MiCA + TFR compliance
  • AML / KYC frameworks
  • Ongoing advisory
How We Engage

Four steps. No surprise invoices.

Engineering-style cadence: short loops, clear deliverables, Slack-first communication.

STEP / 01Day 1–3

Structure call

Token mechanics, jurisdictions, user geos. You leave with a decision tree, not homework.

STEP / 02Week 1

Opinion draft

Howey + MiCA analysis, classification memo, listing-ready draft for your review.

STEP / 03Week 2

Docs shipped

Terms, disclaimers, DAO wrapper, KYC flow. Git-friendly markdown if you want it.

STEP / 04Ongoing

Slack channel

Not a ticket system. Real answers in hours, not business days.

01
0M+
Raised by clients

Across seed, Series A, and token rounds

02
0
Jurisdictions

EU, UK, US, CH, Cayman, BVI + more

03
0+
Launches advised

Tokens, airdrops, NFT mints, DAO wrappers

04
0%
Retention rate

Clients who come back for the next raise

Case Files

How it plays out in practice.

Anonymized, but every detail is real.

Challenge

Needed a MiCA-compliant restructure in 5 weeks before a funding close. Investors wanted to see a legal opinion before signing. Their existing counsel quoted a 12-week engagement.

Approach

We ran the entity + token analysis in parallel instead of sequentially. Delivered the restructure memo in week 3, documented the governance migration in week 4, and had exchange opinions in hand by week 4.

Outcome

Closed the round on schedule. Passed investor diligence without a single redline on the legal structure. Listed on two additional exchanges within the next quarter.

They delivered a week early and the docs read like a product spec. My devs actually understood them.
CEO, Series A DeFi Protocol
€18MRound closed on time
Challenge

Legacy T&Cs written by a general practitioner in 2021 — no coverage for cross-chain bridges, no royalty-flow terms, and no limitation of liability. Every enterprise deal added 6+ weeks of procurement redlines.

Approach

Rebuilt the T&Cs from scratch as a two-track document (consumer + B2B). Added explicit handling for chain splits, rollback events, and royalty-routing failures. Pre-cleared with 3 enterprise buyers' procurement teams.

Outcome

New procurement cycles dropped to under 10 days. Two enterprise deals that had been stuck for a quarter closed in the following month.

First counsel I've met who could tell me what a rollback actually does to a royalty split.
COO, NFT Marketplace
6→1.5Procurement weeks

Why founders pick us over Big-Law or their generalist lawyer.

Sprint-speed turnarounds

10-day legal opinions, not 10-week ones.

We work to your release schedule. Rush tiers available when the exchange listing is tomorrow.

Technical fluency

Read whitepapers, run nodes, argue with dev teams (respectfully).

We've deployed contracts ourselves. Your engineers won't have to translate for us.

Fixed-fee transparency

Quote before kickoff. No hourly surprises.

One scope, one price. Add-ons priced separately and signed off before we start.

Senior-only

You talk to partners, not paralegals.

Every call, every memo, every Slack reply. No delegation to juniors learning on your dime.

The practice leads.

Who you'll actually work with — not a partner who shows up for the pitch and disappears.

Robert Babić Profile Photo

Robert Babić

Founder & Managing Partner

Robert is the founder of Kiroptera Consulting, bringing over a decade of experience in corporate law, blockchain regulation, and international business structuring. He specializes in guiding crypto and Web3 projects through complex legal landscapes.

Maja

Maja

Legal Consultant

Maja specializes in international e-commerce law and tax optimization for digital businesses. Her expertise helps clients navigate cross-border regulatory challenges with confidence.

Petra

Petra

Legal Consultant

Petra focuses on SaaS and AI business law, helping tech companies structure their contracts, comply with data protection regulations, and navigate the evolving AI regulatory landscape.

FAQ

The questions founders actually ask on the call.

No legalese. If the answer is 'it depends,' we'll tell you what it depends on.

Because they're probably not a crypto specialist, and you don't need them to become one. We work alongside your existing counsel on crypto-specific questions — token classification, MiCA compliance, DAO wrappers. No turf war.

Fixed-fee packages starting at €2,500 for scoped projects. Monthly retainers from €3,500. We quote the full fee before kickoff — no hourly billing surprises. Full pricing discussed on the call.

Legal opinion in 10 business days. Rush tiers (48–72h) available for listing deadlines. DAO wrapper drafting in 2 weeks. Most clients are fully onboarded within 5 business days of signing.

Both. We're qualified lawyers (EU + UK bar) who've been in crypto since 2019. You can meet the leads on the Team page — bar admissions, practice areas, and LinkedIn profiles all listed.

Yes, with proper structure. We can engage through a foundation or dev co. entity, and maintain confidentiality on our end. We'll need to meet KYC for our own files, but that doesn't go public.

Book the free 30-min call first. We'll pressure-test whether you actually have a problem, and if so, map remediation options. Sometimes the fix is a redesign, sometimes it's a migration, sometimes it's nothing. You'll leave knowing which.

Leave the call knowing exactly what your launch needs — or doesn't.

30 minutes with a senior crypto attorney. No pitch deck. No engagement letter pressure. Just a real conversation about where the risk actually lives.