Squire Patton Boggs Joins Forces with ASTRA Protocol to Give Assurance and Compliance Confidence to the DeFi Ecosystem

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Leading full-service legal company for ensuring cross-border compliance counseling Squire Patton Boggs has joined forces with internationally-patented ASTRA Protocol. As part of the cooperation, both companies will give assurance and compliance confidence to the DeFi ecosystem.

The former, which has offices in 20 different countries on four continents, offers legal practice in key markets where clients carry out high volumes of business focused on the digital assets sector.

Squire Patton Boggs has everything it needs to make a huge contribution to the decentralized finance industry with its extensive practice, industry expertise, one of the most advanced tech platforms in the legal industry as well as an ongoing rotation of legal professionals to their offices across the globe.

According to the announcement, Astra Protocol, which offers offers a decentralized assurance layer on public blockchains to support the exponential growth of DeFi, is now cooperating with Squire Patton Boggs, which will be accepting ASTRA as its first decentralized finance (DeFi) payment method.

The Astra protocol has been specifically designed to prevent the execution of insecure or invalid smart contracts. How? If a transaction is marked as fraudulent or if the funds end up in the incorrect crypto wallet address, then protocol can resolve the dispute and restore the funds.

Senior Policy Advisor at Squire Patton Boggs, who served as US Representative from New York’s 14th congressional district from 1999 to 2019, said:

“We are pleased to partner with the ASTRA Protocol team and are looking forward to working with their colleagues around the globe.”