DLx Law is a boutique practice advising companies, financial institutions, protocols, and developers at the convergence of digital assets, payments, financial markets, and the AI systems and data centers powering each.
Our practice covers the regulatory, transactional, and governance dimensions of digital assets, financial technology, AI infrastructure, and decentralized systems.
Regulatory strategy, token launch structuring, securities and commodities perimeter analysis, stablecoins, tokenized real-world assets, custody, transfer, settlement, and commercial law frameworks for digital asset businesses and institutional adopters.
Money transmission, payment stablecoin issuer structuring, bank-fintech partnerships, reserve mechanics, AML/KYC/OFAC program design, and institutional settlement infrastructure — together with secured lending, asset-backed transactions, and structured finance arrangements across digital and traditional asset classes.
Legal frameworks for agentic systems, AI governance and risk, data center and high-performance compute transactions, power purchase agreements, infrastructure finance for compute-intensive businesses, and AI-related vendor and product risk.
Legal architecture for DAOs, foundations, and decentralized or hybrid organizations — including entity formation, token governance design, open-source ecosystem structuring, contributor frameworks, and the governance and compliance requirements of organizations that operate across jurisdictions and on-chain.
The most consequential questions at the frontier of financial markets and technology rarely sit cleanly within a single practice category.
We help clients identify the actual legal question and the real constraint — across financial-services regulation, digital-asset policy, payments law, commercial law, and institutional risk allocation.
We understand how legal design shows up in collateral, settlement, reserves, redemption, waterfall, insolvency, and counterparty mechanics across both digital asset and traditional capital markets structures.
Tokenized markets, AI agents, and decentralized systems require counsel who can work from product architecture to legal enforceability. Our attorneys have backgrounds as operators, founders, and in-house counsel.
Our attorneys engage directly — from initial regulatory strategy through transaction execution, governance design, and policy advocacy — across institutional clients, protocols, and infrastructure developers alike.
For companies operating across digital assets, AI, and compute infrastructure — a senior counsel embedded in your Slack, on your deal calls, and across your regulatory and commercial decisions. Structured finance depth. Crypto-native governance expertise. Agentic AI legal frameworks practice.
Offered through DLx Law PLLC. Led by Irina Marinescu, Partner.
SEC, CFTC, OCC, money transmission, AML/KYC, token structuring, and product launch review across digital assets and payments.
Enterprise MSAs, API and developer terms, data licenses, compute infrastructure agreements, and the emerging class of agentic AI commercial provisions — acceptable use, output warranties, training data restrictions, model drift obligations, and agent authorization frameworks.
Entity formation and selection, multi-entity international structuring (protocol foundation, operating entity, token company), governance design and documentation, open-source ecosystem frameworks, and board-level corporate governance — including for organizations operating across both traditional legal structures and on-chain protocols.
For matters requiring specialist depth — priced equity rounds, contested regulatory proceedings, patent prosecution, state licensing programs, enforcement defense — Irina sources, coordinates, and manages appropriate outside counsel, providing a single point of accountability across your entire legal function.
Legal judgment grounded in direct operator experience across the founding, scaling, and exit of technology companies.
Offer letters, equity and compensation plans, IP assignment and PIIA agreements, contractor frameworks, option pool mechanics, privacy compliance, and the operational documentation every scaling company needs in place before diligence surfaces the gaps.
DLx maintains a continuously updated tracker of regulatory and legislative developments across digital assets, AI, and financial infrastructure.
GENIUS Act implementation, OCC stablecoin NPRM, CLARITY Act, SEC and CFTC enforcement developments, and tokenized asset frameworks.
NIST AI guidance, Executive Order rescissions, EU AI Act implementation, and agency-specific AI risk frameworks for financial services.
CFPB Rule 1033 rulemaking, bank-fintech partnership frameworks, money transmission developments, and Federal Reserve payment infrastructure.
Strategic U.S. commercial counsel to multiple blockchain network developers and protocol foundations — advising on commercial partnerships, developer ecosystem arrangements, token governance frameworks, network operations, and U.S. regulatory compliance as networks launch and scale.
Advised a Bitcoin mining operator on transitioning operations to high-performance compute infrastructure — including power purchase agreement review, equity transaction documentation, infrastructure lien analysis, and data center development partner diligence.
Advised clients on token classification under applicable securities and commodities frameworks, token launch structuring, entity and governance architecture for protocol foundations, SAFE and token warrant documentation, and ongoing regulatory strategy as the legal landscape evolved.
Advised on the structuring of bitcoin-collateralized financial products — including program arrangements with partner banks, warehouse lenders, and custodians — and on commercial law frameworks for digital asset collateral under UCC Articles 8, 9, and 12.
Long-term strategic U.S. counsel to an international financial services company operating across 30+ countries — covering U.S. regulatory compliance, commercial agreement review, corporate governance, product launch diligence, and multi-state corporate restructuring and wind-down matters.
Our attorneys engage directly on matters — from regulatory strategy through transaction execution, governance design, and policy advocacy.
Angela is a recognized authority in the global legal and regulatory landscape for distributed ledger technology, smart contracts, fintech, and financial-services regulation. She co-founded DLx Law following her role as Chief Legal & Compliance Officer at Digital Asset, where she was part of the founding team, and a partnership at a major international law firm. She has advised financial institutions, exchanges, infrastructure providers, and protocols on the legal architecture of digital asset adoption, settlement, custody, and compliance. Chambers & Partners has recognized her as a top-ranked attorney in FinTech Legal. She is also co-founder of Sila Inc., a regulated payments technology company.
Irina advises clients at the intersection of digital assets, AI infrastructure, structured finance, and financial technology. She served as General Counsel of Gitcoin, a Paradigm-backed protocol ecosystem, where she contributed to foundational DAO governance frameworks adopted as standards across the ecosystem, and later co-founded and led buidlbox, a developer platform acquired by HackQuest. Earlier in her career she spent nearly a decade at AmLaw 100 firms, with preceding experience at Barclays Capital, the SEC, World Bank, and federal court. She is a former adjunct professor at Cornell Tech, a contributing author to the Cornell Convenes white paper on U.S. digital asset policy, and participates in formal rulemaking and policy advocacy on digital asset law and AI governance.
Diana brings more than a decade of specialized legal experience in digital assets, fintech, and highly regulated industries. She advises DLx clients across the blockchain, fintech, and media sectors on building and optimizing in-house legal functions and product counseling. She joined DLx Law following her tenure as General Counsel at Palm NFT Studio, where she led the company's legal and regulatory operations and its merger with Candy Digital. Earlier, she was a founding member of the global crypto team at Stripe as Payments Product Counsel, and previously at Orrick and BakerHostetler, where she contributed to the creation of the first enterprise smart contracts at major law firms. In addition to her role at DLx, Diana serves as Deputy General Counsel at Protocol Labs and as an Operating Advisor at Bessemer Venture Partners. She is a board member of the MIT Computational Law Report. J.D., UCLA School of Law.
Advises on blockchain, DeFi, banking and payments systems, and fintech regulatory matters. Prior in-house experience at a payments and banking software provider; previous positions at the CFTC, FCC, and House Judiciary Committee. J.D., George Mason University School of Law.
DLx attorneys publish across academic, regulatory, and practitioner channels. The firm also issues regulatory alerts on material developments in the markets we serve.
Industry comment submitted alongside WSBA colleagues advancing builder and developer perspectives on proposed payment stablecoin frameworks — covering definitional scope, redemption mechanics, and disclosure design.
How U.S. trust companies bridge tokens and enforceable rights — housing title, maintaining definitive registers, and translating on-chain control into off-chain legal effect. By Tom Momberg, Angela Angelovska-Wilson & Diana Stern.
Founder-focused commentary on digital asset regulation, tokenized markets, AI infrastructure law, and structural questions at the frontier of law and capital markets.
How agentic AI systems challenge foundational assumptions of contract, consent, and legal enforceability. By Diana Stern & Dazza Greenwood, published by Stanford Law School.
An analysis of ongoing regulatory and legal developments across digital assets, blockchain, and emerging technologies — covering enforcement patterns, legislative developments, and commercial law implications.
A practitioner guide to the U.S. legal and regulatory landscape for blockchain and digital asset development teams — covering applicable frameworks, open questions, and compliance considerations.
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