Jul 2025
Conyers has advised Mantle in connection with the launch of Index Four (MI4) Fund
Mantle, a leading blockchain ecosystem at the forefront of decentralized finance (DeFi), has launched the MI4 as a tokenised fund domiciled in the British Virgin Islands. MI4 fills a key market gap: an institutional-grade crypto product with native yield generation, structured within a traditional fund format.
MI4 Fund is structured as a British Virgin Islands limited partnership and is managed by Mantle Guard Limited (a newly established investment manager). Conyers acted as legal counsel to MI4 Fund and its investment manager as to British Virgin Islands law in connection with the fund launch and the regulatory matters.
Partner and Global Head of Investment Funds Piers Alexander, Senior Associate Flora Zeng, both of the Hong Kong office, and Counsel Nicholas Kuria of the BVI office advised on the matter.