DLA Piper advises Whop in up to US$200 million Series C investment

DLA Piper advised Whop, a digital marketplace for creators, in an up to US$200 million investment by Tether Investments.

The investment is expected to accelerate Whop’s expansion and foster the creator economy by allowing Whop to develop state-of-the-art stablecoin infrastructure.

The DLA Piper deal team was led by Partner Tyler Hollenbeck (Seattle) and included Partners Nick Klein (Washington, DC) and Paolo Morante (New York), Of Counsel Nadia Asancheyev (Washington, DC), and Associates Michael Pirog, Luke Postma (both Seattle), and Chris Clark (Washington, DC).

DLA Piper’s Emerging Growth and Venture Capital practice includes more than 200 lawyers who provide strategic counsel to emerging companies and venture capital firms in high-growth industries, including technology, healthcare, life sciences, and financial services. Over the last three years, DLA Piper has completed more than 2,100 financings globally, totaling more than US$80 billion. The firm is ranked among the most active global law firms for venture capital deal volume, according to PitchBook.