Foley Represents Blockstream in Acquisition of Elysium Lab and European Expansion

Foley & Lardner LLP represented Blockstream, the global leader in Bitcoin-powered financial infrastructure, in the acquisition of Lugano-based digital asset company Elysium Lab. The deal will mark the official launch of Blockstream CH SAGL, Blockstream’s new European headquarters and incubator entity.

This move deepens Blockstream’s long-term commitment to Switzerland’s vibrant fintech landscape and positions the country as a core pillar of Bitcoin infrastructure development in Europe.

Founded in 2014, Blockstream is a global leader in Bitcoin and blockchain infrastructure, with offices and team members distributed around the world. Serving as the technology provider for the Liquid Network, Blockstream offers a sidechain solution that enables secure, trustless Bitcoin swap settlements and robust smart contracts, empowering financial institutions to tokenize assets efficiently. 

The Foley team was led by partner Louis Lehot and included partners Eric Chow, Rishi Sodhi, and Casey Knapp, of counsel Alan Pate, special counsel Kelly Boyd, and associates Trevor Mullin and Sarah Waste.