Reliable legal solutions for Fintech, Crypto & iGaming

Gofaizen & Sherle is an international consulting and legal firm that supports startups and existing companies in highly regulated financial industries where licensing, regulatory structuring, and ongoing compliance are key elements of the business model. We develop, launch, and support projects in crypto, FinTech, payments (EMI/PSP), forex, investments, iGaming, and tokenization, including assistance in choosing a jurisdiction and obtaining the necessary licenses.

Explore Services

5+

Years of Experience

800+

Licenses Delivered

50+

Jurisdictions Covered

1000+

Clients Worldwide

We Assist Clients Achieve Their Business Strategies

Financial technology, digital assets, iGaming and payments are subject to increasingly stringent regulation every year, with requirements varying significantly depending on the jurisdiction. Licensing, anti-money laundering and counter-terrorist financing measures, governance, consumer protection, marketing rules, and ongoing reporting must be built into the operating model, not added after launch.

Gofaizen & Sherle supports regulated businesses at all stages, from early-stage startups developing a compliant market entry strategy to established companies expanding internationally. We translate regulatory requirements into practical structures and outcomes that help you confidently enter markets and operate sustainably.

Key areas include: cryptocurrency licensing and compliance (exchanges, storage, wallets, transfers), financial licensing and registration (MSB, EMI/PSP, and related regimes), forex market authorization (broker/dealer models), iGaming/gambling licensing (B2C and B2B) and tokenization of real assets, including STO structuring.

We provide comprehensive execution: licensing and jurisdiction strategy, corporate and ownership structure, AML/KYC and risk management systems, policies and procedures, application packages, and communications with regulators – with a focus on audit readiness and long-term regulatory compliance.

Our Vision

Our Vision

To be the global standard for regulatory excellence, enabling innovative businesses to operate with confidence across borders.

Our Mission

Our Mission

To deliver transparent, strategic, and results-driven regulatory solutions that protect our clients' interests and accelerate their market entry.

Our Licensing Solutions

We help startups and established firms obtain and maintain licenses for regulated FinTech, crypto, payments, forex, investment, iGaming, and tokenization activities across multiple jurisdictions.

  1. Crypto Licensing
  2. iGaming License
  3. Forex Licensing
  4. MSB registration
  5. Tokenization

Crypto Licensing

We assist with obtaining regulatory authorization to provide crypto-asset services in the selected jurisdiction (exchanges, custody/safekeeping, wallets, transfers, token platforms). We assess your business model, determine the applicable licensing requirements, prepare AML/KYC policies and supporting documentation, and manage the application process end-to-end through to the issuance of approval.

Timeline

1-9 months

Scope of crypto activities:

Exchange, Custody, Processing, Derivatives, Token Issuance, OTC

View all crypto jurisdictions

iGaming License

A gambling license is a mandatory legal requirement to operate an iGaming business in a chosen jurisdiction. It authorizes the provision of gambling services and confirms compliance with applicable regulatory standards. We support B2C and B2B projects (online casinos, betting, lotteries, and game providers) by structuring ownership, payment flows, and the risk model, and meeting requirements for responsible gaming, AML/KYC, technical certification, and platform rules. We prepare the regulatory package, policies, and contractual framework, coordinate audits, and manage regulator communications end-to-end through to license issuance.

Timeline

1-12 months

Scope

For online casino (slots), betting, poker, lottery

View all iGaming jurisdictions

Forex Licensing

A forex license is a regulatory authorization required to provide FX/CFD brokerage or dealing services in a selected jurisdiction. It demonstrates that the firm meets supervisory standards on governance, capital adequacy, client money protections, conduct-of-business rules, market integrity, and ongoing reporting. We deliver the full compliance and application package (AML/KYC, risk management, conflicts, best execution, complaints handling, outsourcing, and internal controls), coordinate key appointments and operational readiness, and lead regulator engagement from pre-application through to license issuance.

Timeline

1-9 months

Scope:

CFD brokerage, Derivatives trading, futures trading, commodities trading, binary options

View all forex jurisdictions

MSB registration

An MSB registration (Money Services Business) is a regulatory requirement for companies providing money services such as remittance, currency exchange, payment services, or certain virtual asset activities (jurisdiction-dependent). It evidences that the business has an effective AML/CTF framework, appropriate governance, recordkeeping, and reporting controls. We prepare and file the registration package, support regulator communications, and establish ongoing compliance processes to sustain registration and audits.

Timeline

1-5 months

Scope of activities:

Crypto & Fiat Payments Processing, Exchange & Custody

Tokenization

Tokenization is a regulated structuring and issuance process that converts rights to real-world assets into compliant on-chain instruments. We advise on end-to-end Real World Asset (RWA) tokenization – selecting the appropriate legal wrapper, defining investor rights, designing the token economics, and aligning the offering with securities/financial-promotion rules, AML/KYC, custody, and secondary transfer restrictions.

Timeline

2-12 months

Tokenization Possibilities:

Real Estate, Commodities, Treasuries, Fund Tokenization, Private Debt

Real World Asset Tokenization

License Navigator

An interactive analytical tool for crypto and iGaming projects that allows you to compare jurisdictions for licensing, evaluate timelines, budget, capital requirements, regulatory risks, and banking infrastructure, as well as select the optimal country for a specific business model.

Guide

Compare Jurisdictions with License Navigator

VASP License Navigator

Discover the Optimal Jurisdiction for Your Crypto Business.

  • Total Budget Required;
  • Total Setup Timeline;
  • Recognizability by Banks;
  • Monthly Maintenance Fee.

iGaming License Navigator

Discover the Optimal Jurisdiction for Your iGaming Business.

  • Total Budget Required;
  • Total Setup Timeline;
  • Recognizability by Banks;
  • Annual Maintenance Fee.

Success Stories

Our completed cases on licensing crypto and iGaming projects in various jurisdictions. We present practical examples of structuring, obtaining licenses, and launching regulated businesses, taking into account deadlines, budgets, and regulatory requirements.

VirtuaBroker

VirtuaBroker

Basal Pay

Basal Pay

Paywicks Limited

Paywicks Limited

Discover More

Trusted by Industry Leaders

We at Invity and SatoshiLabs as a whole were extremely pleased with the legal support provided by Gofaizen & Sherle in establishing our virtual assets business in Lithuania. Their expertise and thorough understanding of the virtual assets landscape were invaluable, ensuring that every aspect of our setup was compliant and robust. The team's professionalism and dedication made the entire process seamless and stress-free. We highly recommend Gofaizen & Sherle for their legal services in the virtual assets sector.

Jan Chudoba

Jan Chudoba

Head of Legal Invity

Gofaizen & Sherle has successfully implemented all the tasks related to the settlement of legal part (company formation and VASP license application) of our exchange whitebit.com.

Vladimir Nosov

Vladimir Nosov

CEO WhiteBIT

Working with Gofaizen & Sherle team was a real pleasure. Their high level of professionalism and expertise made our journey through the process of establishing and licensing of our company really easy and time efficient. G&S is a trusted partner for us in any topics related to FinTech business.

Edward Kost

Edward Kost

CEO – VULTURE OÜ

We are very pleased with the proficiency, expertise and efficiency that the team of Gofaizen & Sherle showed while delivering our project. Their commitment and approach determine the high quality of services they provide. The competence of the legal advisors in the team of G&S made them a trusted long term partner for us.

Bar El

Bar El

CEO – UAB GetCoins

At Pilsenga since the very beginning we counted with Gofaizen & Sherle to build our financial institution in 21 days, we started our operations in record time thanks to them, it's been pleasant to work with them through the rush of building a Financial Institution in record time. They for real understand compliance and crypto businesses!

Victor Romero

Victor Romero

CEO – UAB Pilsenga

Excellent service! The communication is fast and friendly, we are very satisfied with received comprehensive package of services such as legal consulting, full turnkey crypto company formation in Lithuania, assistance in bank account opening for "high risk" business, human resources acquisition etc. Highly recommended!

Roman Potemkin

Roman Potemkin

Founder & CEO. TRASTRA

Gofaizen & Sherle are true professionals, everything related local incorporation, business management and financial licenses I know I can trust getting always 100% service, knowledge and value. Good prices and highly valuable service this what makes them as a solid partner.

Ben Richter

Ben Richter

CEO – Ventures X

Great service and support, and very efficient communication with Maksim and the team. Our company has been successfully created with all the necessary licenses. Highly recommended.

Thomas Zelias

Thomas Zelias

CEO – UAB TalentChain

Corporate Blog

View All
Launching a Gaming Business in 2026: Strategy Before Software

Corporate blog

Launching a Gaming Business in 2026: Strategy Before Software

By Kiryl Zaremba

MSB vs VASP Licenses Explained: Global Comparison, Regulatory Scope, and How to Choose the Right Model

Corporate blog

MSB vs VASP Licenses Explained: Global Comparison, Regulatory Scope, and How to Choose the Right Model

By Maksim Gasanbekov

TOP 10 Crypto Tax-Free Countries in 2026

Corporate blog

TOP 10 Crypto Tax-Free Countries in 2026

By Maksim Gasanbekov

View All

Our Team

  • All
  • Crypto and Blockchain Consulting Department
  • FX and iGaming Consulting Department
  • Legal Department
  • Operations Department
  • Business Development Department
  • Accounting Department
  • HR Department
Mark Gofaizen

Mark Gofaizen

Senior Partner, Head of Consulting

Mihhail Sherle

Mihhail Sherle

Senior Partner, Head of Legal

Viktoria Randalainen

Viktoria Randalainen

Partner, Head of Operations

Maksim Gasanbekov

Maksim Gasanbekov

Partner, Head of Sales (Crypto and Blockchain)

Kiryl Zaremba

Kiryl Zaremba

Senior Associate, Business Development Manager (FX & iGaming)

Dr. Pečiūrienė Aleksandra, Ph.D.

Dr. Pečiūrienė Aleksandra, Ph.D.

Senior Associate, Chief Accountant

Denis Suska

Denis Suska

Senior Associate, Consultant

José Augusto Estigarribia

José Augusto Estigarribia

Senior Associate, Chief Coordination Officer

Anna Holubnycha

Anna Holubnycha

Senior Associate, HR Manager

Mark Paat

Mark Paat

Associate, Consultant

Vladimiras Kokorevas

Vladimiras Kokorevas

Associate Partner, Lawyer

Felix Canizales

Felix Canizales

Associate Partner, Consultant, LATAM Business Development Manager

Fedor Cid

Fedor Cid

Senior Associate, Business Development Manager (Crypto & Blockchain)

Triinu Noogen

Triinu Noogen

Senior Associate, Lawyer

Leonid Turok

Leonid Turok

Principal, Head of Sales (FX and iGaming)

Evgeniia Murashina

Evgeniia Murashina

Senior Associate, Consultant

Valeria Fjodorova

Valeria Fjodorova

Associate, Lawyer

Victor Iva

Victor Iva

Associate, Management Assistant

Daria Kozoroh

Daria Kozoroh

Associate, Consultant

Laura Puidokiene

Laura Puidokiene

Associate, Lawyer

Roman Korobeinikov

Roman Korobeinikov

Paralegal, Consultant

Mykola Mora

Mykola Mora

Associate, Consultant

Veronika Latanovskaja

Veronika Latanovskaja

Associate, Consultant

Ernest Potopachin

Ernest Potopachin

Associate, Consultant

Kira Pechinkina

Kira Pechinkina

Operations Assistant

Timur Danilov

Timur Danilov

Associate, Business Development Manager (FX, iGaming & Banking)

Mario Roeder

Mario Roeder

Associate, Consultant

Hoa Tang Vicky

Hoa Tang Vicky

Senior Associate, Head of the Asian office

Robert Pekin

Robert Pekin

Consultant

Maksim Gasanbekov

Maksim Gasanbekov

Partner, Head of Sales (Crypto and Blockchain)

Felix Canizales

Felix Canizales

Associate Partner, Consultant, LATAM Business Development Manager

Fedor Cid

Fedor Cid

Senior Associate, Business Development Manager (Crypto & Blockchain)

Denis Suska

Denis Suska

Senior Associate, Consultant

José Augusto Estigarribia

José Augusto Estigarribia

Senior Associate, Chief Coordination Officer

Mark Paat

Mark Paat

Associate, Consultant

Hoa Tang Vicky

Hoa Tang Vicky

Senior Associate, Head of the Asian office

Robert Pekin

Robert Pekin

Consultant

Leonid Turok

Leonid Turok

Principal, Head of Sales (FX and iGaming)

Mykola Mora

Mykola Mora

Associate, Consultant

Mihhail Sherle

Mihhail Sherle

Senior Partner, Head of Legal

Vladimiras Kokorevas

Vladimiras Kokorevas

Associate Partner, Lawyer

Triinu Noogen

Triinu Noogen

Senior Associate, Lawyer

Valeria Fjodorova

Valeria Fjodorova

Associate, Lawyer

Laura Puidokiene

Laura Puidokiene

Associate, Lawyer

Roman Korobeinikov

Roman Korobeinikov

Paralegal, Consultant

Viktoria Randalainen

Viktoria Randalainen

Partner, Head of Operations

Evgeniia Murashina

Evgeniia Murashina

Senior Associate, Consultant

Victor Iva

Victor Iva

Associate, Management Assistant

Daria Kozoroh

Daria Kozoroh

Associate, Consultant

Veronika Latanovskaja

Veronika Latanovskaja

Associate, Consultant

Ernest Potopachin

Ernest Potopachin

Associate, Consultant

Kira Pechinkina

Kira Pechinkina

Operations Assistant

Mario Roeder

Mario Roeder

Associate, Consultant

Felix Canizales

Felix Canizales

Associate Partner, Consultant, LATAM Business Development Manager

Kiryl Zaremba

Kiryl Zaremba

Senior Associate, Business Development Manager (FX & iGaming)

Timur Danilov

Timur Danilov

Associate, Business Development Manager (FX, iGaming & Banking)

Hoa Tang Vicky

Hoa Tang Vicky

Senior Associate, Head of the Asian office

Dr. Pečiūrienė Aleksandra, Ph.D.

Dr. Pečiūrienė Aleksandra, Ph.D.

Senior Associate, Chief Accountant

Anna Holubnycha

Anna Holubnycha

Senior Associate, HR Manager

Our locations

With 20 offices across four continents, we provide localized expertise and global reach to serve our clients wherever they operate.

  • All
  • Asia
  • Central America
  • Europe
  • North America
Map

Frequently asked questions and answers

Where are you based? Do you work directly with regulators?

Gofaizen & Sherle operates through dedicated offices and in-house professional teams across the EU, LATAM, and Asia, with strategic hubs in Canada, El Salvador, the USA, Vietnam, Hong Kong, and headquarters in the European Union. By relying entirely on internal expertise rather than third-party intermediaries, we maintain consistent quality, accountability, and regulatory alignment across every jurisdiction we serve.

Do you guarantee obtaining a license?

No licensing consultant can guarantee a 100% outcome, the final decision always rests with the regulator. What sets us apart is our approach: we put ourselves in our client's position and work as a unified team to do everything within our power to achieve a successful result. This means proper business structuring, regulator-ready documentation, and strategic positioning that maximizes your approval probability from day one.

Which jurisdictions do you work with?

We work with the full spectrum of regulatory solutions, both onshore and offshore, across jurisdictions worldwide. Rather than promoting a fixed list of countries, our goal is to identify the most suitable structure for each client individually, taking into account the target markets, timeline, and budget. There is always a solution; it's simply a matter of finding the right one for your specific business.

How long does the licensing process take?

Timelines vary widely depending on the license type, jurisdiction, regulator workload, and completeness of documentation. Some registrations can be completed within a few weeks, while full regulatory approvals may extend to a year or more. After an initial project assessment, we provide a staged roadmap with realistic time estimates tailored to your situation.

Do you assist with banking and payment systems?

Yes. We assist with bankability strategy, compliance documentation, and introductions to relevant financial institutions and payment providers. While the final decision rests with the bank or PSP based on their risk appetite, we prepare and select the solutions best suited to your business profile. This ensures you have the strongest possible position going into onboarding.

How do you assess whether my business model requires licensing?

We conduct a thorough, fundamental analysis of your specific products and services, often benchmarking against procedures we have pre-validated directly with regulators. To provide the most effective consultation, we begin with a dedicated call with the client, giving us the opportunity to fully understand your business model, target markets, and operational structure, and from there outline any licensing obligations and the most appropriate structuring options.

How do you differentiate from other licensing providers?

We are among the few firms that have been working in crypto licensing from its earliest days, having lived through every major regulatory shift and adapted to each new development along the way. This gives us the ability to stay one step ahead, anticipating market trends, identifying risks early, and seeing the most cost-effective path forward for each client. Our goal is to support you through the entire journey, from initial business idea through to successful license approval and ongoing project support. Transparency in scope and professionalism define everything we do.

What is included in your licensing support?

Our engagement covers the full scope of what it takes to get you license-ready: regulatory analysis, corporate structuring, development of legal frameworks (e.g. AML/KYC, DORA, etc), drafting of policies and business plans, regulator communication, application submission management, HR services, and assistance with banking. Where third-party services are required, such as audits, certification labs, hosting providers or nominee arrangements, these are clearly defined and transparent within the project scope from the outset.

Do you provide ongoing compliance after the license is issued?

Yes. Most regulated sectors require continuous compliance maintenance, periodic reporting, policy updates and ongoing regulatory interaction. We offer sustained advisory and compliance support post-licensing to ensure your business remains in good standing, adapts to regulatory changes, and operates with long-term stability.

Connect with our experts

Our experts will tell you how to do it as quickly and easily as possible.

Mark Gofaizen
Senior Partner, Head of Consulting
Mihhail Sherle
Senior Partner, Head of Legal
Estonia

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