Blockchain Investment Firm Pecunio Names David Drake As Advisorbr>
Decentralized investment platform Pecunio has appointed David Drake to its advisory board in anticipation of its forthcoming initial coin offering (ICO).
Pecunio recently added a gold-backed token to its available assets, exchanging physical gold in worldwide branches for tokens available as cryptocurrency on the blockchain. Last October, Pecunio opened a Cryptocurrency Fund. It now manages more than one million dollars in assets.
Drake was formerly chairman of LDJ Capital and a host of related businesses. He has represented the US Department of Commerce at various forums, and his work in the field of crowdfunding also secured him an invitation to President Barack Obama’s White House.
“We are extremely proud and excited to have David’s support,” said Reinhard Berger, CEO and founder of Pecunio. “With his invaluable knowledge of the legal landscape of conducting crowdsales and the intimate understanding of cryptocurrency markets, we are expecting to make fast and steady progress in reaching our goal of helping everyone to get safe and easy access to blockchain investments.”
Drake was equally effusive. “I believe what Pecunio does is truly amazing,” he said. “To demystify and simplify crypto investments for everyone is not only a noble endeavor but a vital necessity to boost the economies of the world. The more people invest in this new and exciting asset class, the greater revenue it will generate. This will eventually drive the global economy as never seen before.”