WePower Operates Blockchain-Based Green Energy Trading Platform
NEW YORK, NY, Jan. 30, 2018 (GLOBE NEWSWIRE) -- LDJ Cayman Fund Ltd., an investment fund focused on crypto asset investments, today announced that it has completed a seven-figure investment in the upcoming Initial Coin Offering (ICO) of WePower, a blockchain-based green energy trading platform. David Drake, Principal of LDJ Cayman Fund Ltd. and Founder and Chairman of LDJ Capital, is a member of WePower’s Advisory Board.
WePower enables renewable energy producers to raise capital by issuing their own energy tokens which represent energy they commit to produce and deliver. As a result energy producers can trade directly with green energy buyers (consumers and investors) and raise capital by selling energy upfront, at below market rates. In this way, WePower’s energy tokenization ensures liquidity and extends access to capital. The WePower blockchain solution is currently recognized by Elering, one of the most innovative Transmission System Operators in Europe.
“WePower’s energy tokenization and trading platform disrupts the existing global green energy investment ecosystem by standardizing, simplifying and providing access to other market players. Importantly, the WePower tokens and platform enables green energy producers to raise capital through the sale of future energy production, one of the biggest issues for these companies,” said David Drake, Principal of LDJ Cayman Fund Ltd. “With the WePower platform you can now have accountability from the energy source backed by WePower’s blockchain solutions. This allows for forensic verification via a blockchain to track the history of energy movements. We believe that this changes the fabric of corporate responsibility and provides green energy producers with a new freedom to grow their business.”
About LDJ Cayman Fund Ltd.
LDJ Cayman Fund Ltd. 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. The crypto asset division makes larger investments, currently ranging from $1 - $5 million, throughout the capital stack with a hedge fund approach and a long / short crypto strategy. The Fund manages and resolves issues of custody and insurance for the family offices and institutions investing with LDJ.
About LDJ Capital
The LDJ Capital Multi-Family Office is an independent financial services firm serving UHNW families and individuals. For over 20 years, LDJ Capital has built a global network of relationships imbued with local expertise, global perspective, and deep commitment to innovation and sound business practices and connections. LDJ’s goal is the preservation and optimization of wealth for present and future generations. Portfolios value both balance and flexibility and include a global mix of large-, mid-, and small-cap equities, hedge funds, venture capital and alternative investments. Top industries where LDJ focuses its expertise includes Technology, Media, Energy, Real Estate, Hotel and Hospitality Management. LDJ Capital is based in New York City and has locations throughout the world. For more information please go to: www.ldjcapital.com
About PCG Advisory Group
Founded in 2008, PCG Advisory is dedicated to the delivery of top-tier strategic advisory services that encompass investor and stakeholder relations, capital markets navigation, corporate communications and social media management for emerging growth companies. The team at PCG has extensive experience with life science, fintech and blockchain technology and works with innovative and emerging companies from around the globe. As an aggregation, distribution, and engagement platform, PCG reaches thousands of individual, retail and institutional investors and stakeholders in its proprietary and extensive distribution network, and through the use of unique digital marketing and audience development techniques. For more information, go to: www.pcgadvisory.com