International law firm Appleby, which has an office in Bermuda, has been ranked Band 1 by Chambers and Partners in its global survey of offshore fintech.

The firm said Chambers highlighted the strength of Appleby’s global offering in this sector through its dedicated and multi-disciplinary technology and innovation group.

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The group, which was formed in 2017, was recognised as having considerable expertise in digital assets, blockchain and fintech applications, data protection and information security.

Appleby said the group supports leading technology companies alongside a roster of young enterprises breaking new ground in the fintech space.

It added that Band 1 is the highest ranking and is based on a firm’s technical legal ability, depth of team, client service, commercial vision, diligence and a range of other qualities valued by clients.