Asset

Baker McKenzie adds virtual asset specialist

Global law firm Baker McKenzie has hired a virtual assets specialist in response to growing client interest in Asia.

Joy Lam joins the financial services practice of Baker McKenzie in Hong Kong, according to a statement, advising clients on virtual asset funds, token offerings and related infrastructure development in the virtual asset ecosystem.

Lam’s experience in digital assets extends to advising on Asia’s first open and closed-end token fund as well as securing Hong Kong’s first approval for a virtual asset fund with crypto-based subscriptions and redemptions.

She joins from Sidley Austin where she was a partner. Additionally, she is also a founding committee member of the Asia Security Token Alliance.

“At a time when financial institutions, sponsors, and fintech providers around the world are striving to integrate and scale their digital asset offerings and investments to future-proof their business, having [Lam] on board will help us better meet the growing needs of our customers,” said Jason Ng, responsible for Baker McKenzie’s financial services practice in Hong Kong, Mainland China and Singapore.

Financial expansion in Asia

The new hire comes amid the continued expansion of Baker McKenzie’s transactional practice into key centers in Asia-Pacific.

They include the capital markets partner Victoria Lloyd, private equity partner Derek Poon, leveraged financial partner Kenneth Ching and media and entertainment lawyer Lex Kuo in Hong Kong; Director of Mergers and Acquisitions Kay Moon in Singapore; M&A partner Addy Herg in Kuala Lumpur; and corporate partner Spear bags In Sydney.