Cha&Kwon Law Offices provided legal counsel to a global blockchain company planning to consolidate multiple project tokens into a single integrated token. The client aimed to enhance circulation efficiency and scalability by unifying tokens previously operated across different partner platforms into one ecosystem. However, the process presented complex challenges due to varying legal frameworks and regulations across jurisdictions, as well as overlapping rights and obligations among partners—making it difficult to ensure both legal stability and operational consistency.

Cha&Kwon Law Offices conducted a detailed analysis of the client’s business model to identify and mitigate potential legal risks, ensuring that the token integration process would not be construed as an “investment contract” under financial or capital market regulations. The firm restructured key terms—such as token exchange ratios, payment schedules, technical onboarding, and the rights and obligations of all parties—within a clear framework of “functional integration.” In addition, a competitive restriction mechanism was designed to prevent partners from issuing similar tokens or migrating to alternative networks after the integration, thereby securing stability and trust within the unified ecosystem.

Through this legal structuring, Cha&Kwon Law Offices also specified practical elements such as payment timelines, technical implementation standards, operational obligations, and limitation of liability to ensure both legal certainty and practical enforceability. As a result, the client successfully established a transparent and coherent integration model despite the complexity of multi-party contractual relationships.