Specialist litigation firm Helix Law is seeking almost £110 million from a cryptocurrency investment company whose shares trade in London.

Jade Road Investments Limited, an offshore funding firm with links to Hong Kong and Dubai, is being pursued over the alleged failure to issue millions of shares to their client, a Guernsey-based consultancy.

Jade Road Investments is listed on London’s Alternative Investment Market (AIM), and specialises in the use of cryptocurrency investments to fund more traditional assets.

It is alleged that Jade Road Investments failed to deliver on an agreement to issue 70m shares to the claimant in exchange for consultancy services.