Cairn's Point Assists White Swan in Launching the First MiCA Compliant Meme Coin

Cairn's Point assisted with end-to-end compliance and technical development of both the token and the public offer program, made available to the public through an "Initial Coin Offering", or an ICO, for short.

The White Swan white paper was notified to the competent authorities in Finland (Finnish Financial Supervisory Authority) in December 2024, and was published on the Cairn's Point White Paper register on 3 January 2025 following the 20 working day notification period. The White Swan public offer began on the Solana blockchain on 13 January and concluded on 16 January, raising nearly 1,700 SOL from 266 unique unidentified investors through an Cairn's Point-provided Markets in Crypto Assets (MiCA) compliant ICO program.

In addition to being the first MiCA-compliant meme coin white paper, Cairn's Point introduced novel elements, such as memes and brand-specific styling, to the white paper to highlight the nature of the project. The White Swan team opted for utilising Cairn's Point's primary legal entity to improve transparency, where other options would have included utilising an SPV or another legal entity structure provided by Cairn's Point.

Cairn's Point continues to assist the White Swan team through ongoing compliance engagement, staff training, marketing communications maintenance, and by preparing, filing, & maintaining trading white papers for White Swan.

About Cairn's Point

Cairn’s Point is a regulatory and technical consultancy focused on MiCA token consultancy with its specialty in offer to the public (OTPC) and admission to trading (ATTR) proceedings. Founded by the team behind the EU's first MiCA-compliant stablecoin, Cairn’s Point enables Web3 businesses to thrive under EU regulations.