VANCOUVER, B.C., March 27, 2018 (GLOBE NEWSWIRE) — Block One Capital Inc. (BLOK.V) (BKPPF) (ES3.F) (the “Company” or “Block One”), an investment company focused on high growth opportunities in the blockchain and digital currency mining sector, is pleased to announce progress on it’s private token sale and pre-initial coin offering (ICO) investment strategy.
Over the past several months, Block One’s investment team has travelled the globe to meet numerous blockchain companies across various industry sectors and to evaluate both the business strategy and token use case scenarios of these token issuers.
Utilizing the benefits of Block One’s Investment Issuer and Institutional investor status, the company has identified a number of unique pre-ICO utility token allocation opportunities. As a result, Block One will be able to realize institutionally biased ticket size bonuses and gain access to private token sale offerings that typically will not come available for public sale to individuals. Often, access and exposure to quality, high impact token opportunities are too challenging and complex for individual investors to source and evaluate. Block One attempts to address this disadvantage that individual investors face, gaining premium quality exposure to the token issuance space.
“Upon reviewing numerous deals, I am excited about the pipeline of private token sale and pre-ICO investment opportunities we have identified. They are representative of what we feel are compelling opportunities led by proven entrepreneurs,” said Mr. Sothi Thillairajah, CEO. “I look forward to conveying the specific token allocations Block One will make in the coming weeks.”
Sudhu Arumugam Joins Block One Capital’s Advisory Board
Mr. Sudhu Arumugam is currently Head of Risk at Coinfloor UK Ltd, the UK’s oldest and largest crypto exchange. Tasked with building out a robust risk management infrastructure to support, on a 24/7 365 days basis, crypto trading across both multiple crypto currencies in both spot & derivatives contracts for Coinfloor’s UK entity as well as the global group of Companies.
Mr. Arumugam has over 20 years trading and risk management experience across fixed Income, equity, commodity and more recently crypto markets in both Europe and Asia.
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Mr. Arumugam was Partner and Head of Trading at Cusaru Capital LLP. There he was managing portfolio hedging across rates, fixed income and commodities, which included Euribor and Sterling interest rate futures and options on LIFFE, 10 year fixed income US treasury futures and options on CME & European fixed income debt on Eurex.
At Sequoia Capital LLP, Mr. Arumugam was Partner, Head of Trading, Portfolio Hedging, Fixed Income and Interest Rate Trading on European government bond & interest rate options. In addition, he also helped Sequoia set up an office in Singapore, where he traded and subsequently risk managed (from London) Japanese nikkei index options & Japanese government bond options.
Prior to that, Mr. Arumugam was a Director of Equity Derivatives at Merrill Lynch International trading in the European technology, media and telecom sectors on a pan European basis in both listed, OTC & Exotic Options.
Mr. Arumugam began his career at the famed floor trading firm, Cooper Neff & Associates on the London International Financial Futures Exchange (LIFFE) and is a graduate of The City University, London.
For more information on Block One please visit the Company’s website at: www.blockonecap.com.
ON BEHALF OF THE BOARD
Chief Executive Officer
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR ADDITIONAL INFORMATION CONTACT:
Block One Capital Inc.
Office: 604-398-4485; email: email@example.com
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