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David Drake, LDJ Capital

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Baanx London secures USD2m investment from LDJ Cayman Fund

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Baanx.com, an emerging Cryptobank network focused on offering fiat and crypto mobile banking services for the blockchain era, has agreed a USD2 million investment deal with LDJ Cayman Fund as part of its 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, a USD200 million fund focused on cryptocurrency, mining, and ICO acquisitions, works with global family offices seeking exposure to the Fund’s three-prong investment strategy in: global equities; managed accounts in commodities and futures; and crypto assets. David Drake 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,” says 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 utilising our decentralised 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,” says David Drake, Founder and Chairman of LDJ Capital and Principal of LDJ Cayman Fund. “Our commitment is towards corporate STOs, leading tokenised fintech, and strong operating businesses as a family office working with Wall Street for 23 years in NYC.”

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