The global independent investment bank Moelis & Co. announces the launch of its Global Blockchain Group (GBG). The GBG’s bespoke advisory services would cater to corporations using blockchain and blockchain companies willing to explore the web3.
In coordination with Moelis’ global partners, the GBG centre of excellence would cater to the growing blockchain technology client demands across sectors. The GBG is led by Moelis co-founder and Global Head of Media Investment Banking, John Momtazee.
“The establishment of the Global Blockchain Group demonstrates our commitment to meet our clients in the moment by providing senior-level counsel across both established and emerging industries,” says Momtazee.
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Momtazee also notes the blockchain sector now hosts 50 unicorns, decacorns, and over $20 billion in 2021 venture capital funding.
CryptoOracle Collective Founder and Blockchain Coinvestors Partner Lou Kerner is the new Senior Advisor at GBG. Lou’s blockchain, DeFi, and crypto companies’ venture capital experience spans over a decade.
“Our combined advisory capabilities, longstanding 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,” says Kerner.
The other GBG team members would include senior bankers with deep experience in blockchain advisory across industry groups.
Navid Mahmoodzadegan, Co-Founder and Co-President, Moelis & Company, says, “Moelis & Company’s global platform, strong sponsor relationships, collaborative and agile culture, and entrepreneurial spirit positions us well to help our clients leverage this significant opportunity.”