HOQU is pleased to announce that David Drake, Chairman at LDJ Capital has decided to join the team as a Partner.
David Drake is a well-known entrepreneur, investor and speaker. Through his family office, LDJ Capital, and his partners, David’s investments currently have over fifty global directors that maintain relations with institutions and family offices with $1.5 trillion in assets. He has represented the US Commerce Department at the Transatlantic Forum with the EU Commission in Brussels and Rome, as well as in the UK Parliament as a speaker.
David’s seminal work in the Crowdfunding Industry has led to an invitation to the White House Champions of Change ceremony. He and his financial media company, The Soho Loft Media Group, set up the first ever crowdfunding meeting with SEC and FINRA in April 2012, shortly after President Barack Obama signed the JOBS (Jumpstart Our Business Startups) Act into law. Alongside other pioneers, he created the CfPA or Crowdfunding Professional Association, which later gave birth to the CFIRA or Crowdfunding Intermediary Regulatory Advocates. These two national associations have dealt with SEC and FINRA on a weekly basis for the past five years. His background gives David a unique perspective on the strengths and challenges of the regulatory framework surrounding the crowdfunding industry, which now constitutes the backbone of the blockchain industry’s token offerings. David’s experience of the regulatory landscape and relationship with key regulatory bodies means he is ideally placed to work towards embracing compliance. He currently sits on the advisory board of more than 15 blockchain-based firms.
It is with the best of wishes that HOQU welcomes David on board the team and is certain that his addition will be an invaluable asset to increasing the platform’s value for all stakeholders.