Perkins Coie ECVC Practice Advises Aptos Labs on Collaboration with Jump Crypto to Co-develop Shelby, Web3’s First Decentralized Cloud-Grade Storage Protocol
NEW YORK (July 2, 2025) - Perkins Coie is pleased to have advised Aptos Labs in its collaboration with Jump Crypto to co-develop Shelby, the first Web3 decentralized, cloud-grade hot storage protocol. Shelby is a high-performance, globally distributed, decentralized storage protocol designed to deliver fast, reliable access to large volumes of data while preserving decentralization guarantees.
The Aptos blockchain will be the native coordination layer for the protocol, although Shelby is designed to be chain-agnostic and support Ethereum, Solana, and other blockchains. For more information on Shelby, see Aptos Labs’ announcement here and the Shelby website.
The Perkins Coie Emerging Companies & Venture Capital (ECVC) advisory team was led by partner Eitan Hoenig, and included partner Michelle Edwards, as well as associate Issa Hawatmeh, with assistance from Technology Transactions & Privacy Law partner Adam Shevell and associate John Schoppert.
From incorporation to exit, Perkins Coie helps clients build great companies. Lawyers in our ECVC practice span the country, supporting the most innovative entrepreneurs and investors in all key technology-driven markets. Our ECVC lawyers have managed thousands of venture capital and private equity financings from pre-seed to growth equity, assisting clients in raising billions of dollars annually. They provide end-to-end legal and business counseling to the leading-edge companies of tomorrow in industries like artificial intelligence, clean technology, fintech and blockchain, digital media and gaming, deep tech, healthcare, biotech, consumer products, and everything in between.
Perkins Coie is a leading global law firm, dedicated to helping the world’s most innovative companies solve the legal and business challenges of tomorrow. Learn about our work and values here.
Media Inquiries:
Please email Justin Cole, Head of Media Relations.
Print and share
Contact
Notice
Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.
Notice
Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.
Notice
Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.
Notice
Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.
Notice
Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.