- Stratis will become part of CMS equIP incubation program.
- CMS’s expert legal teams globally will become accessible to Stratis.
- Stratis recently launched its InterFlux sidechain solution.
CMS has designed its program to offer support and guidance to startups that require legal counsel. At the same time, they need to pass the program’s strict selection process first. Since its acceptance as part of equIP, Stratis will have access to CMS’s expert legal teams spread over the firm’s 70 offices worldwide. Along with that, equIP members also get steep discounts, access to CMS’s network of investors, technology companies, and startups.
There have been multiple regulatory complications recently in the blockchain market. In light of that, Stratis getting access to superior legal advice is an important move. In fact, it is critical for it to maneuver through existing legal frameworks as regulators apply them to new technologies. Its selection by CMS will give it a strong footing. The acceptance will allow it to focus on delivering the best possible products instead of spending resources to navigate legal matters.
“Being selected to become a member of CMS’s exclusive equIP program is a tremendous achievement for Stratis and a testament to the fantastic technology we have built and delivered,” said Chris Trew, Stratis Founder, and CEO. “As the first blockchain-based project to be admitted to the program, I look forward to exploring opportunities and collaborating with other innovative equIP members.”
Stratis aims to create a bridge between the mainstream corporate world and the blockchain industry. To help with that, it focuses on the widely used .NET framework by Microsoft. Also, it recently launched its InterFlux sidechain solution. This addition will serve as a platform to build blockchain applications for independent teams. For Stratis to achieve this efficiently, being part of CMS equIP incubation will have a huge impact.