NEW YORK, Aug. 23, 2018 (GLOBE NEWSWIRE) — Baanx.com, an emerging future Cryptobank network focused on offering fiat and crypto mobile banking services for the blockchain era, announces a vital $2 Million investment deal from LDJ Cayman Fund Ltd. as part of their current Token Pre-Sale for qualified, accredited institutions and individuals. David Drake, Principal of LDJ Cayman Fund Ltd. and Founder and Chairman of LDJ Capital, is a highly respected figure within the blockchain industry with a track record of extremely successful prior investments.
LDJ Cayman Fund Ltd., a $200M fund focused on cryptocurrency, mining, and ICO acquisitions, works with global family offices seeking exposure to the Fund’s three-prong investment strategy in a) global equities, b) managed accounts in commodities and futures, and c) crypto assets. David Drake proudly sits on the advisory board of Baanx.com Ltd. and is an equity shareholder within the business.
“LDJ Cayman Fund Ltd. has very strong knowledge and experience in successful Token Sales and other blockchain projects; their involvement is highly beneficial to the success of the Baanx project,” said Garth Howat, CEO of Baanx.com. “We are excited to be working alongside some of the most proficient experts in the crypto-sphere and welcome the deal with LDJ Cayman Fund Ltd.; this gets us much closer to our goals in delivering much greater adoption of mobile crypto and fiat banking services utilizing our decentralized network structure.”
“We are very excited to invest in Baanx. We firmly believe the custody of cryptocurrency is something that needs addressing as we have seen so many digital wallets try to fend off hacking. Baanx will offer their customers superior security and crypto-financial services in the developing crypto-marketplace,” said David Drake, Founder and Chairman of LDJ Capital and Principal of LDJ Cayman Fund. “Our commitment is towards corporate STOs, leading tokenized fintech, and strong operating businesses as a family office working with Wall Street for 23 years in NYC.”
About Baanx.com:
Baanx subsidiaries have already completed millions in consumer loans in the EU. Now with agreements for up to 1.3 million customers to start to use their mobile wallet and services in the very near future, they could be the next evolution in mobile crypto & fiat services.
Services:
- Insured custody of crypto assets in your wallets
- Multi-exchange integration enabling purchasing of crypto at best prices
- Cryptopay so you can use crypto and fiat to pay anywhere using virtual cards
- Growth of a network of decentralized crypto brands, enabling users to become owners through a combination of white-labeling, bank license sharing and regulatory smart contracts/rule-based platform
- Crypto secured lending activities and Stablecoin short term loans The Baanx Group’s goal is to create financial services that are fit for the blockchain era, bringing much needed simplicity and security to the crypto-marketplace with their mobile App and services – as well as leveraging brand loyalties to enable fast deployment of platform-based Cryptobanks on behalf of businesses, charities and individuals to increase the growth and traction of mass user adoption for a combined blockchain crypto and fiat system.
“Baanx has assembled a team with hundreds of years of banking and fintech experience, from financial institutions such as JP Morgan, Mastercard, Commerzbank, and Union Bank of Switzerland,” explains COO Sean Salloux. “This level of experience alongside a fundamental enthusiasm for progressive banking is what has led the Baanx project to gain such support and traction in these early stages, Baanx is providing financial services for the future, where blockchain technology enables the smooth and effortless connection between you the currency you choose to use.”
About LDJ Capital:
LDJ Capital is a multi-family office that invests and manages investments for partners and clients in the areas of hospitality, real estate, energy, pharma, tech, telecom, mobile, entertainment, media, publishing, advertising, compliance services, aerospace, shipping & transportation, and more recently digital assets, such as cryptocurrencies and blockchain firms through ICOs.
LDJ Cayman Fund is focused on cryptocurrency, mining, and ICO acquisitions. The firm is involved in asset management and market making of cryptocurrency from, but not limited to, Gibraltar, Liechtenstein, Malta, Hong Kong, Singapore, and Dubai.
LDJ Capital has three subsidiaries:
1. LDJ Capital Group: Victoria Partners, LDJ Venture Capital, LDJ Hedge Fund, LDJ Media Fund, LDJ Capital Advisory, LDJ Capital Investment Bank and LDJ Cayman Fund
2. LDJ Real Estate Group: Acquisitions, Developments, and Hospitality
3. The Soho Loft Media Group: Times Impact Publications, The Soho Loft Conferences, and Victoria Global Communications. Times Impact Publications include the digital publications: The Soho Loft News, Family Offices Today, and Times Realty News.
For more information on LDJ Capital, visit: http://ldjcapital.com/
Corporate Press Release