On 9 November 2023, Moflix announced the successful closing of its $3.1million seed financing round with the participation from the Hashgraph Association and other strategic investors.

Moflix is a telecommunications industry pioneer providing next-generation digital solutions to build the bridge from Web2 to Web3. The funding secured will enable Moflix to refine and extend its Web3 offering to telecommunications, including trusted digital identity credentials and digital wallet services and thereby facilitate Moflix in its mission to lead the convergence of mobile services and Web3 to drive widespread adoption.

The MLL Legal team was led by partner Dr. Kilian Schärli (Regulatory / FinTech / DLT). The team also included senior associate Gabriel Meier (Corporate / M&A) and senior associate Andrea Trost (Regulatory / FinTech / DLT).