General Counsel
Toku and Role Overview
Toku is a prominent global platform specializing in token compensation and tax compliance services for the blockchain and crypto industry. Collaborating with esteemed law firms like Cooley, Orrick, Goodwin, and Fenwick, Toku ensures the implementation of compliant token incentive plans for crypto companies across various jurisdictions. The company works closely with startups from the initial stages to facilitate tax-efficient token generation events and supports established entities such as Polygon in managing their token incentive plans integrated with traditional payroll systems. The role of Toku’s General Counsel involves pivotal collaboration with co-founders and the CEO, aiming to establish Toku as a critical infrastructure provider for the crypto sector, enabling seamless integration of tokens in compensation structures.
Key Responsibilities
- Develop partnerships with law firms to position Toku as a leading authority on token grants, incentive plans, and administration.
- Provide valuable input and guidance in discussions with law firms, tax consultants, potential clients, and address client inquiries.
- Participate in industry events, panel discussions, and cultivate relationships with key clients and partners to become a recognized expert in token-based compensation.
- Lead webinars in conjunction with law firms to educate industry stakeholders and promote engagement with Toku.
- Create informative content and thought leadership pieces focusing on Toku’s offerings and industry-related subjects.
- Offer legal insights for expansion into new markets and compliance in diverse jurisdictions.
- Support the Product team by conducting regulatory research for upcoming markets and products, particularly in relation to token-based payments.
- Ensure new product offerings adhere to privacy and data protection regulations by implementing necessary safeguards.
- Stay updated on U.S. and global legal frameworks concerning tokens and cryptocurrencies, including regulations on securities, taxes, money transmission, and anti-money laundering.
- Assume responsibilities of a Compliance Officer, overseeing licensing efforts in the U.S. (e.g., MTL licensing) and compliance activities in other regions.
- Manage contract-related tasks such as drafting, reviewing, and editing agreements like employment contracts, service agreements, and sales contracts.
- Provide counsel on intellectual property and data security matters, both for internal operations and client requirements.
- Offer guidance on corporate governance matters and prepare requisite documentation for legal compliance.
Qualifications
- Possess 2-4 years’ experience as General Counsel, Associate GC at a venture-backed startup, or a minimum of 7 years working in a prominent law firm.
- Demonstrated expertise in legal and regulatory aspects related to equities, tokens, and cryptocurrencies, with knowledge of U.S. securities laws, taxation, and global compensation practices.
- Proficient in contract drafting, reviewing, and editing, with strong communication skills to produce insightful content.
- Excellent interpersonal skills for establishing and nurturing client and partner relationships.