LX20 LAW FIRM
IT

The Next Generation Law Firm

Law. Evolved.
Practical. Approach.

The next generation law firm.

LX20 advises companies, investors and institutions in turning technological ideas, novel business models and emerging processes into solid, sustainable and competitive legal solutions. In complex and regulated environments, the law is not a constraint: it is a strategic lever.

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LX20
Milano · Torino · New York
—
Experience in complex transactions
3
Offices · Milan | Turin | New York
6
Core practice areas

The LX20 philosophy

Law as the infrastructure of innovation

We design the legal infrastructure on which innovation, growth and success are built. We work where regulation is densest — fintech, digital assets, complex M&A, banking — because that is where legal counsel makes the difference between an idea that stalls and a project that ships.

Practice Areas

Vertical specialisation. Cross-border execution.

We focus on areas where technical rigour, knowledge of regulated markets and strategic vision combine to generate the highest value for our clients.

Track Record

Selected matters.

A selection of matters reflecting LX20's legal and operational approach.

Deal2026

CASP authorisation covering eight of the ten MiCAR services for an Italian crypto-asset exchange

By resolution no. 24059 of 30 June 2026, CONSOB, in agreement with the Bank of Italy, authorised an Italian platform under Regulation (EU) 2023/1114 to provide eight of the ten MiCAR services: custody and administration, execution of orders, exchange for funds and for other crypto-assets, transfer, advice, portfolio management and placing. The measure was adopted at the close of the transitional period. LX20’s managing partner supported the company throughout the authorisation procedure in his capacity as chief legal officer, alongside another law firm and the internal legal team.

Fintech & Digital AssetsBanking & Finance
Deal2026

CASP authorisation for an operator previously registered with the OAM

By resolution no. 24030 of 10 June 2026, CONSOB authorised an operator previously registered with the OAM to provide the services of exchanging crypto-assets for funds, exchanging crypto-assets for other crypto-assets and placing. The transition to the MiCAR regime enables operations under the new European framework and the potential extension of services into other Member States. LX20 handled all legal and regulatory aspects of the procedure through a team led by the managing partner and including a senior associate and a trainee.

Fintech & Digital AssetsBanking & Finance
Deal2026

Integrated CASP and EMI authorisation for a payments and crypto-asset operator

One of Italy’s first cases of integrated CASP + EMI authorisation concerned an operator already registered with the OAM. By resolution no. 24060 of 30 June 2026, after consulting the Bank of Italy, CONSOB authorised custody and administration of crypto-assets on behalf of clients, exchange for funds, exchange for other crypto-assets and transfer on behalf of clients under Article 16(1) of Legislative Decree 129/2024 and Article 63 of Regulation (EU) 2023/1114. In parallel, Bank of Italy measure no. 0713266/26 of 23 June 2026, adopted by Governor’s resolution no. 193/2026, authorised the issuance of electronic money and the provision of the payment service under Article 1(2), letter h-septies.1, point 3.3 of the Italian Banking Act, through the establishment of a dedicated pool of assets under Article 114-quinquies of that Act. The infrastructure supports the movement of value between fiat currency, crypto-assets and stablecoins. LX20 advised the company in the CASP authorisation procedure under MiCAR and coordinated the transaction as a whole, with a team comprising the managing partner, a senior associate and a trainee. The EMI aspects were handled by another law firm.

Fintech & Digital AssetsBanking & Finance
In the press

The Team

Boutique by design. Direct partner access.

Every mandate is led directly by the partner in charge. No intermediaries, no rotating teams. Our boutique structure is a methodological choice, not a scale limitation.

Boutique by design

Direct partner access

Every mandate is handled directly by the lead partner. No intermediaries, no rotating teams: a methodological choice, not a scale constraint.

Meet the team
Let's talk

One mandate, one direct conversation

Complex transactions in fintech, digital assets, banking and M&A. Reach out for a confidential preliminary assessment.

Contact us

Insights

Publications and market analysis

Technical analysis on MiCA, the AI Act, the Italian DL Fintech, DAO governance and digital-market regulation. Working tools for those operating in sectors that change faster than the law.

AI Act: what changes from 2 August 2026 and how to prepare

Regulation (EU) 2024/1689 is in force, but applies its obligations in stages. From 2 August 2026, transparency, measures for innovation, and enforcement will apply. What is certain, what remains in motion with the Digital Omnibus, and the operational priorities for businesses and administrations.

DLT Pilot Regime Heads for Reform: What's Changing for Intermediaries and Businesses

After three years of limited adoption, the EU pilot regime for DLT-based market infrastructures (Regulation (EU) 2022/858) is heading for reform. The Commission's proposal of 4 December 2025 (MISP package) expands its scope and thresholds and makes the regime permanent. Analysis of the impacts for intermediaries and businesses.

Copyright and artificial intelligence before the CJEU: Case C-250/25 (Like Company v. Google)

The Court of Justice of the EU is called for the first time to rule on the application of copyright to the training and operation of generative AI models, in Case C-250/25 (Like Company v. Google Ireland). Analysis of the four questions for a preliminary ruling and the operational implications for data sourcing, licensing, and M&A due diligence, in light of Law 132/2025 and the AI Act.

All articles

Offices

Milan. Turin. New York.

A European footprint and a gateway to the U.S. market. Three offices supporting cross-border transactions.

Italy · Registered office

Milano

Via San Raffaele 1
20121 Milano (MI)
Email
info@lx20lawfirm.com
Italy

Turin

Via Confienza 10
10121 Turin, Italy
Email
info@lx20lawfirm.com
United States

New York

405 Lexington Ave, 9th Floor
PMB # 9070, New York, NY 10174
Email
info@lx20lawfirm.com

In the press

Press & dialogue.

Articles, podcasts, panels and public contributions in the conversation on fintech, digital assets, banking and M&A.

Bo

Borsa Italiana Academy / Euronext Group

Webinar

Regolamento MiCA e tokenizzazione degli strumenti finanziari — webinar Borsa Italiana Academy

Negri della Torre, alongside Davide Zanichelli, was a faculty member for a Borsa Italiana Academy live webinar. The program covered blockchain, MiCA applications, market abuse in crypto-assets, and tokenization under the DLT Pilot Regime and the Fintech Decree.

FEB 2026Read
Le

Legalcommunity

Article

Ferveo tokenizza le sue azioni su DLT tramite la piattaforma Fleap — gli advisor

Legalcommunity covered the Ferveo transaction, identifying LX20, led by Alessandro Negri della Torre, as comprehensive legal counsel for corporate, regulatory, and transactional matters.

JAN 2026Read
Az

AziendaBanca

Article

Fleap: ok da Consob per la tokenizzazione degli asset finanziari

AziendaBanca confirmed Fleap's registration and LX20's coordinating role in the process.

OCT 2024Read
Fl

Fleap

Press release

Fleap S.p.A. viene autorizzata da CONSOB come responsabile del registro

Official Fleap press release on its Consob authorization under the Fintech Decree. Alessandro Negri della Torre coordinated the legal team.

OCT 2024Read
Le

Legalcommunity

Article

LX20 nell'emissione del "DLT bond" di Quargentan

Mention of LX20's role in one of Europe's early native DLT bond issuances by Quargentan (€1 million), subscribed by Banca Valsabbina.

DEC 2022Read
All press

Trending

Most read pages.

The most-visited pages in the past 7 days.

"In complex and regulated environments, law is not a constraint but a strategic lever — to be embedded from the earliest stages of a project."

LX20 — Firm philosophy

Let's talk

Do you have a transaction that requires a specialist legal partner?

We accept a limited number of mandates each year. If your project requires expertise in regulated environments, write to us: we will reply within 24 working hours.

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