Practus partner Timothy Spangler was quoted in Financial Times for its June 10 article, “Chinese Investors Turn to Digital Bets for Exposure to U.S. Tech IPOs.” In the piece, Spangler addressed the legal and practical risks facing investors seeking synthetic exposure to high-profile private companies, including SpaceX, through digital products and related instruments.
Quoted by Financial Times, Spangler noted: “A lot of people are paying for promises that they won’t be able to enforce.” His comments helped frame the article’s examination of investors clamoring toward alternative paths to gain exposure to high-demand U.S. technology offerings. Those efforts, however, carry regulatory, structural, and enforcement concerns. You can read the entire article here.
Spangler advises clients on matters at the intersection of investment funds, financial technology, blockchain, and digital assets. His commentary in Financial Times reflects Practus’ continued focus on the legal and business issues shaping emerging markets and cross-border investment activity.
