International legal practice Osborne Clarke has advised the sellers of Accru Finance, which plans to launch a platform giving simplified access to the yields available via Decentralised Finance (DeFi), on its sale to Dispersion, a listed incubator specialising in decentralised finance.

Dispersion was incorporated to identify investment opportunities in various high growth sectors and joined the AQSE Growth Market on 30 April 2021. The Company specialises in decentralised finance, a disruptive technology that uses the blockchain and cryptocurrencies to remove financial intermediaries from transactions. To date it has made initial investments in NFT investments plc, ePIC Blockchain Technologies, Inc., Defy1 SAS, Sporting Icons Ltd, Blimp Technologies Inc. and DeFi Yield Technologies Inc

Accru (trading as “AQRU”), is registered in the UK and was founded in January 2021 to provide a regulated and consumer-facing platform that enables investors to access high yields being generated from lending out digital assets worldwide. 

The platform, which will also be available to retail and institutional investors, makes the conversion of fiat to cryptocurrency simple and understandable while also paying market leading yields on assets held.

Tom Try from Osborne Clarke's corporate FinTech team advised.

Osborne Clarke’s FinTech team is considered the go-to practice for many businesses in FinTech, working with leading global businesses, fast-growth start-ups and market challengers. With lawyers in the US and across Europe, Osborne Clarke is experienced in managing and implementing complex cross-border FinTech transactions. The companies we have worked with include Bravura, EE, Data Monitor, KPMG, Lloyds Banking Group, PayPal, Travelex, VocaLink and Wirecard.

Share
Corporate communications and press contacts

If you are a journalist and would like comment or background from our legal experts, we can help. Our team will put you in touch with the best person. View a full list of our international press contacts by jurisdiction here.