Estudio Levene and Estudio Garrido advised on the deal
IOVLabs, the creator of the RSK Bitcoin Smart Contract platform and the RIF token, executed the acquisition of Taringa, the top Spanish-speaking social network in the world with 30 million users and over 1,000 active online communities.
Having access to Taringa’s user base will provide the company with invaluable information and data to test and distribute new decentralized infrastructure and apps powered by the RSK platform and the RIF token at a large scale.
Jointly with Taringa’s leadership, the company plans to create innovative consumer products and services for its communities, using RSK’s decentralized infrastructure.
IOV Labs has been forging partnerships and developing decentralized infrastructure and products since the launch of the RSK mainnet in January 2018 and the release of the RIF Token in November 2018. The company, headquartered in Gibraltar, has a global footprint with offices in Buenos Aires, Montevideo, Shanghai, Singapore, and an innovation studio in San Francisco.
Estudio Levene advised IOVLabs with César Levene (Picture), Carolina Arroyo, Axel Verstraeten, Carla Gruskin and Alexis Lazzuri.
Estudio Garrido advised Taringa! with Gustavo Garrido (Picture), Raúl Granillo Ocampo (h), María Marta Cancio, Patricia Maccaferri and Francisco Ruiz Guiñazú.
Involved fees earner: María Marta Cancio – Estudio Garrido; Gustavo Garrido – Estudio Garrido; Raúl Granillo Ocampo (h) – Estudio Garrido; Patricia Maccaferri – Estudio Garrido; Francisco Ruiz Guiñazú – Estudio Garrido; Cesar Levene – Estudio Levene;