Place/Date: Germany - December 7th, 2017 at 8:07 am UTC · 4 min read
Source: Naga Group
David Drake, through his family office LDJ Capital, has acted as GP & LP investors with his partners in fund-of-funds, realty funds, venture capital funds & hedge funds. Mr. Drake’s investments currently have 50+ global directors that maintain relations with institutions & family offices with $1.5 trillion in assets.
Speaking about the new partnership, Drake: “The NAGA Coin or NGC represents the exciting future of blockchain tech where companies can seamlessly move from IPO to ICO while intersecting different industries and markets. The NAGA Group is a FinTech company that has set its eyes on connecting the dots among the financial, crypto, and gaming markets. I am excited to see how this momentum picks up and drives more innovations while leveling the playing field for the unbanked and those who want to earn from those who have honed their gaming skills.”
Founders and Executive Directors of The NAGA Group AG, Benjamin Bilski and Yasin Sebastian Qureshi expressed their pleasure with this latest addition to the NAGA Board: “We are super excited about this partnership and the fact that from now on we will work with the great team of LDJ Capital. They have direct access to many potential investors and people who will be interested in NAGA, which will result in even faster and more stable development of the NAGA Ecosystem.”
David Drake is the Chairman of LDJ Capital, a family office based in NYC; Victoria Partners, LDJ Real Estate Group; Drake Hospitality Group; and, The Soho Loft Media Group. LDJ Capital’s extended network of funds-of-funds and hedge funds manages 1.5 trillion USD in assets. David previously represented the US Commerce Department at the EU and he has spoken at the UK Parliament. Mr. Drake’s access to 100,000 investors is maintained through his media holding investment, The Soho Loft Media Group, which has produced and sponsored over 1500+ global finance conferences since 2002. David Drake is actively involved in the crypto community as an advisor and speaker and he has helped blockchain firms he has advised raise $101M in funding through their respective ICOs.
The NAGA main Token Sale is LIVE with more than 22,000 backers and 18,000,000 USD collected so far. Click here to read more about the Hard Cap and the Token Sale itself. Moreover, NAGA is proud to have more than 7200 Telegram active members in their official chat.
The exchange rate for NAGA Coin is 1 NGC = $1 USD. Investors can purchase tokens using BTC, BCH, ETH, LTC, and DASH. For those wishing to use FIAT currency, EUR and USD are also accepted.
“Investments and trading are ruled and governed by greedy banks and corporations that control access, operate non-transparently and always take a cut of your money. At NAGA we are about to change that. By introducing the NAGA COIN, we are on a mission to revolutionize the outdated banking sector. The financial markets are about to change, and we embrace that.” – The NAGA Group AG
The NAGA Group is a publicly listed, EU-regulated German Fintech company with trading-platforms for financial markets and virtual goods. They have a market cap of more than 200 million Euros, millions in reported revenues, and over $4 billion in trading volume every month. After one of Germany’s fastest IPOs in the last fifteen years, The NAGA Group was listed on the Frankfurt Stock Exchange on July 10, 2017. Since then, the company’s share price has gone up by nearly 500%.
The NAGA Group is a management-owned growth-driven international FinTech with an accomplished team of more than 120 people. The company holds various EU financial licenses, including an asset management license, and is backed by one of China’s largest private investment conglomerates, FOSUN. They are further supported and backed by widely known investors, institutions, and advisors, including Hauck & Aufhäuser, one of the oldest private banks in Germany.