Moelis & Co. launches Global Blockchain Group
Moelis & Company, a global independent investment bank, has launched its Global Blockchain Group, which will provide advisory services to both companies using blockchain as well as emerging and leading blockchain companies, including those looking to build a presence in Web3.
The group, led by John Momtazee, Moelis & Company’s co-founder and Global Head of Media Investment Banking, will include a team of senior bankers across multiple industry groups with significant experience in advising blockchain companies.
The group will work with other industry teams across nearly two dozen Moelis offices around the world.
“The establishment of the Global Blockchain Group demonstrates our commitment to meeting our clients in the moment by providing senior-level advice across both established and emerging industries,” said Momtazee.
He said that with more than 50 unicorns and several decacorns in the sector already and nearly $20 billion in capital raised for blockchain companies last year, blockchain technology is poised to be “as transformative to the global business landscape as the Internet was in the late 90s “.
“Despite the current volatility, we see a strong long-term outlook for the application and a growing need for high-quality strategic advice, sources of capital to finance growth and liability management solutions,” he said.
In addition, the firm has appointed Lou Kerner as a senior advisor to the Global Blockchain Group.
As the founder of CryptoOracle Collective, a Web3 consulting firm, and a partner in Blockchain Coinvestors, a venture investor in blockchain and crypto companies, Kerner has nearly ten years of experience working with, leading and investing in blockchain, cryptocurrency, smart contracts and decentralized finance. companies.
“The presence of Moelis as a leading advisor in this area is an important development for the long-term growth of blockchain technology,” commented Kerner.
“Our combined advisory capabilities, long-standing client relationships and extensive blockchain expertise will help drive the adoption of this transformative technology. I look forward to working with our clients and contributing to Moelis’ culture and reputation as a trusted, long-term advisor,” he said.
Navid Mahmoodzadegan, co-founder and co-president of Moelis & Company, added: “Technological innovation and disruption have been key drivers of transaction activity globally, a trend that will continue to shape the business landscape.”
“As leading investors increasingly look to participate in the significant value creation that we expect blockchain technology to provide, Moelis & Company’s global platform, strong sponsorship relationships, collaborative culture and entrepreneurial spirit position us well to help our clients capitalize on this significant opportunity .”
