Blockchain Venture Capital Acquires Controlling Stake in LuminusFX

Blockchain Venture Capital Acquires Controlling Stake in LuminusFX
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blockchain Venture Capital Inc. Completes Acquisition of LuminusFX Corporation

Overview of the Acquisition

Toronto, Ontario—July 4, 2025blockchain Venture Capital Inc. (CSE: BVCI) has successfully finalized its acquisition of a 51% controlling stake in LuminusFX Corporation. This transaction was executed under a Share Purchase Agreement dated June 1, 2025, with the initial announcement made on June 3, 2025.

Confirmation of Market Activity

In response to inquiries from CIRO, blockchain Venture Capital Inc. confirms that its management is not aware of any significant changes in operations that would explain the recent fluctuations in market activity.

Acquisition Details and Company Background

LuminusFX Corporation was established in Ontario in April 2025. The total consideration for acquiring a 51% interest in LuminusFX amounts to 1,530,000 common shares of BVCI, valued at approximately CAD $765,000, based on a share price of CAD $0.50. This includes an initial issuance of 765,000 shares, with an additional 765,000 shares contingent on LuminusFX achieving a net profit of CAD $120,000 for BVCI within six months post-acquisition.

Valuation Basis and Business History

The valuation for this acquisition is largely based on the extensive experience and successful track record of LuminusFX’s founders, Xue Ru Bao and Thomas Kwok, who have over a decade of experience in the foreign currency advisory sector. A thorough due diligence process was conducted, including an analysis of the founders’ previous financial advisory work and bank transaction records from January to May 2025, which validated their expertise and supported the business’s valuation.

The overall valuation of LuminusFX is estimated at CAD $1.5 million, which aligns with industry standards for similar acquisitions. The founders will take on key operational roles within LuminusFX and will focus exclusively on this venture, avoiding any competing business activities.

Strategic Goals and Future Plans

blockchain Venture Capital Inc. views this acquisition as a pivotal advancement in its strategy to create a comprehensive digital financial ecosystem. The company plans to fully integrate LuminusFX’s operations and expertise to enhance its footprint in the global financial services landscape, particularly in the Forex and virtual currency markets.

Post-acquisition, LuminusFX aims to broaden its financial advisory offerings, which will include:

  • Crypto & Fiat Advisory (60%): Guidance on foreign currency markets and digital asset integration.
  • Investment Advisory (20%): Strategic investment advice.
  • Other Services (20%): Tailored financial and business consulting services.

This integration is expected to foster a synergistic environment that merges traditional financial services with cutting-edge digital solutions.

Financial Status of LuminusFX Corporation

As of June 1, 2025, LuminusFX Corporation had minimal cash reserves, reflecting its status as a newly formed entity. Key financial details include:

  • Cash Reserves: Approximately CAD $0.
  • Liabilities: Minimal, around CAD $0, primarily related to initial startup costs.

Forward-Looking Statements

This announcement contains “forward-looking information” as defined by Canadian securities legislation. Such information encompasses anticipated benefits from the acquisition, business plans, and projections for LuminusFX. These statements are subject to various risks and uncertainties that could lead to actual outcomes differing significantly from those expressed.

Key factors influencing this forward-looking information include:

  • Continued success and growth of the founders’ business activities.
  • Ability to secure necessary regulatory approvals and licenses.
  • Effective integration of LuminusFX’s operations with BVCI’s technology framework.
  • Achievement of targeted transaction volumes and revenue based on market demand.
  • Timely issuance and trading of CADT, contingent on regulatory approvals.

While the company has identified significant factors that could impact results, other unforeseen factors may also affect outcomes. Therefore, readers should exercise caution in relying on forward-looking information. The company does not commit to updating any forward-looking statements unless required by applicable securities laws.

Regulatory Disclaimer

The Canadian Securities Exchange has not reviewed this release and does not accept responsibility for its accuracy or completeness.

About blockchain Venture Capital Inc.

blockchain Venture Capital Inc. is an Ontario-based company registered as a money services business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The company focuses on providing innovative technology solutions for participants in the blockchain and distributed ledger technology sectors.

Central to BVCI’s growth strategy is BVC Chain, a proprietary blockchain platform that operates in both centralized and decentralized environments. BVC Chain supports BvcPay, a mobile application facilitating transactions using Bitcoin, Ethereum, and CADT. CADT, BVCI’s native stablecoin, is designed to maintain a 1:1 backing with Canadian dollars held in a custodial account, enabling real-time pricing, payments, and digital asset management. However, until all necessary regulatory approvals are obtained, there is no guarantee that BVCI can proceed with its CADT-related initiatives.

About LuminusFX Corporation

LuminusFX Corporation is a financial services firm based in Toronto, aiming to provide secure and efficient financial consulting services. Its service offerings will include approximately 60% in crypto and fiat advisory, 20% in investment advisory, and 20% in other financial consulting. These services will be developed in compliance with Canadian regulatory standards. Following the acquisition, LuminusFX will operate under BVCI’s existing registration as a Money Services Business (MSB) with FINTRAC, and any future regulated services will be provided through compliant partnerships or available exemptions. The company targets an annual transaction volume of up to CAD $50 million, with projected revenue of around CAD $500,000 based on the founders’ historical performance and established client relationships.

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.

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