Mergers and acquisitions transactions, which has reached a global record level of 5.9 trillion dollars in 2021, are considered as one of the legal transactions with the highest potential for disputes, even though its grounds for disputes are striven to be reduced or at least brought to a foreseeable level by detailed agreements. Agreements and afterwards transactions that comply with the intentions of the parties may result in unintended consequences later. Due to geopolitical tensions, soaring inflation, turmoil in finance and energy sectors, more disputes have been arisen after the closing of M&A transactions comparing to last year. That is with respect to Berkeley Research Group’s third-annual M&A Disputes Report (“Report”), which is prepared with contributions from some of the world’s top lawyers, private equity professionals and leading experts. Report brings forth a broad perspective, on how the current market environment has changed the essence of disputes.

COVID-19 is over – well, almost over. We are now left with the aftermath of a baby boom, some Bored Apes, and the Metaverse. All these new phenomena that surged during the pandemic eventually turned their attention to law firms, for wide-ranging legal considerations associated with all kinds of communication, from the internet, to e-commerce, to OTT, and telecommunications. Technology, media, and telecommunications, otherwise known as TMT, are now the fastest-moving areas.

"In 10 years you won’t go to meetings – you’ll digitally teleport to them." Meta Founder, Mark Zuckerberg

"The total insurtech industry value in 2022 was $5.4 billion. Revenue forecast for 2030 is $152 billion." Grand View Research, Insurtech Market Size, Industry Report, 2022-2030

In the previous article, we have included information about the value of cryptocurrencies in the metaverse within the framework of the financial metaverse and the transactions that constitute the subject of the financial metaverse. Now, from the perspective of the financial metaverse, we will discuss the banking sector, the current status of cryptocurrencies in Turkey, and whether the digital products obtained as a result of financial transactions can be evaluated within the scope of property rights by the courts, the compliance processes and legal aspects that should be considered in Meta-Fi.

“As the crypto industry grows, there will be an increasing array of financial activities on the public blockchain. That's why we want to make sure we're ready to not only support that but also provide relevant services.” Tyrone Lobban, JP Morgan's head of Blockchain Launch and Onyx Digital Assets