Osborne Clarke advises shareholders of fija finance GmbH on acquisition by Keyrock

Osborne Clarke has advised the shareholders of fija finance GmbH, a Munich-based fintech focused on DeFi vault technology, on the sale of all shares in the company to Belgian crypto investment firm Keyrock. Through the transaction, Keyrock further expands its on-chain presence and integrates fija’s infrastructure into its core digital asset liquidity business. The parties have agreed to keep the financial details of the transaction confidential.

Fija finance provides financial institutions with a technology platform that enables them to structure investments in crypto assets and generate yield-like returns based on decentralised finance (DeFi) strategies. At the core of the technology are smart contract-based capital pools (“vaults”) into which investors contribute digital assets. These assets are managed automatically according to predefined strategies and the resulting returns are distributed to investors on a pro-rata basis.

By integrating fija into its organisation, Keyrock provides the Munich-based company with access to a broader international client base as well as additional regulatory infrastructure. Keyrock plans to scale fija’s vault technology internationally and embed it into an expanded on-chain product offering in order to deliver scalable DeFi solutions for institutional investors.

The Osborne Clarke team advising fija finance comprised Eric Romba (Banking & Capital Markets) and Max Vocke (Corporate / Transactions), as well as Giovanni Alexandrov (Corporate / Transactions).