IR Ventures opens new blockchain accelerator sponsored by Piper Alderman

IR Ventures has opened one of Australia’s largest dedicated blockchain accelerators in North Sydney. IR Ventures is the investment arm of Independent Reserve, one of Australia’s oldest cryptocurrency exchanges.

Piper Alderman is advising Independent Reserve and IR Ventures in relation to commercial law matters and is assisting members of the new accelerator with their start-up legal needs.

Michael Bacina, Partner, Piper Alderman commented: “Blockchain is here to stay and is transforming our economy. IR Ventures are true leaders in providing space and funding for exciting new and disruptive ventures. It’s great to have one of Australia’s oldest blockchain companies partner with one of Australia’s oldest law firms.”

The recent price drops in cryptocurrency help ensure a higher quality of project, and the IR Ventures space is sure to be a Launchpad for the next generation of exciting blockchain companies. Piper Alderman is thrilled to be able to act and advise both IR Ventures and these new start-ups.”

Adrian Przelozny, CEO, IR Ventures said: “When we founded Independent Reserve in 2013, the blockchain ecosystem in Australia was non-existent; we knew something had to change. We had a vision of accelerating blockchain innovation in Australia and building a robust support system for the thriving community behind blockchain entrepreneurship.

It is significant that Piper Alderman has come along as a partner of IR Ventures. The firm has a long-standing record of excellence and unique expertise in the blockchain industry that will benefit members of the IR Ventures innovation hub immeasurably.”