**Blockchain Venture Capital Inc. Expands Horizons with Strategic Acquisition and Reorganized Financial Structure**
Toronto, Ontario—On June 3, 2025, Blockchain Venture Capital Inc. (CSE: BVCI) announced several significant corporate developments that are poised to reshape its operational landscape and market presence. The company has signed a Share Purchase Agreement to acquire a controlling interest in LuminusFX Corporation, settled a substantial debt, and welcomed a new member to its Board of Directors.
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### **Strategic Acquisition of LuminusFX Corporation**
The cornerstone of this announcement is the signing of a Share Purchase Agreement, termed the “LuminusFX Agreement,” which was executed on June 1, 2025. This agreement enables BVCI to acquire a significant 51% controlling interest in LuminusFX Corporation from Telemetry Inc. and Big Bang Capital Ltd.
Through this transaction, BVCI will obtain 1,530,000 Class A Common Shares of LuminusFX, with an initial issuance of 765,000 shares. The remaining 765,000 shares are subject to an earn-out provision, contingent on LuminusFX generating at least CAD 120,000 in net profit for BVCI within the next six months. This strategic acquisition aims to bolster BVCI’s foothold in global financial services, particularly within the Forex and virtual currency sectors. By harnessing LuminusFX’s expertise and resources, BVCI anticipates unlocking substantial growth opportunities and enhancing its revenue streams through the integration of innovative digital solutions in traditional finance.
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### **Debt Settlement with Generation IACP Inc.**
In addition to the acquisition, BVCI has resolved an aggregate debt of $134,618.79 owed to Generation IACP Inc. The terms of the Debt Settlement Agreement, dated May 16, 2025, are particularly noteworthy. BVCI will issue 1,495,764 units to Generation IACP at a deemed price of CDN $0.09 per unit. Each unit comprises one common share of BVCI and a warrant allowing the holder to acquire an additional share at a price of CDN $0.12 over a span of 24 months.
This strategic move not only mitigates existing liabilities but also restructures BVCI’s financial obligations in a way that allows for increased operational flexibility and potential for future investments.
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### **New Board Appointment: Xueru Bao**
BVCI further solidified its strategic direction by appointing Xueru Bao to its Board of Directors. Known for her entrepreneurial spirit and vast experience in fintech and blockchain, Bao serves as a founding director of LuminusFX and has been a significant advisor to BVCI since 2019. Her previous roles include a Marketing Director at BVCI and various consulting positions.
Bao’s impressive credentials include accolades such as the 2022 HuaCai Industry Leadership Award and recognition as one of WeWorkingWomen’s Most Influential Women. Holding a BA from the University of Toronto and executive education from Harvard Business School, her expertise is expected to guide BVCI’s growth strategy effectively.
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### **Related Party Disclosure**
The appointment of Bao also necessitates a related party disclosure. Bao’s familial connections to BVCI are noted, with her family members holding around 600,000 shares in the company. However, BVCI’s Board of Directors has assured stakeholders that both the LuminusFX acquisition and the debt settlement were conducted on an arm’s length basis, ensuring fairness and integrity in the proceedings.
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### **Conditions to Closing and Future Expectations**
The closing of the LuminusFX acquisition is expected to take place in mid-June 2025. However, this process is contingent upon fulfilling certain customary closing conditions, including obtaining necessary regulatory approvals and finalizing internal corporate documentation. Stakeholders are advised to remain mindful of these stipulations as BVCI moves forward.
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### **Background on Blockchain Venture Capital Inc.**
BVCI operates out of Ontario and is officially registered as a money service business with FINTRAC. Positioned as a key player in the emerging blockchain and distributed ledger technology sector, the company is driven by its proprietary blockchain framework, BVC Chain, which serves as both a centralized and decentralized ledger. This technology infrastructure aims to support services like BvcPay, a cloud-based mobile application designed to facilitate cryptocurrency transactions and other financial engagements.
Despite BVCI’s promising trajectory, potential investors should take into consideration the regulatory hurdles that may affect its proposed project, CADT, a stablecoin intended to support real-time transactions.
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### **Insights into LuminusFX Corporation**
LuminusFX Corporation itself is an established financial services provider based in Toronto. It focuses on delivering secure and efficient financial solutions across various spectrums, with a service breakdown that includes 60% in Crypto & Fiat services, 20% in Investments, and another 20% covering diverse financial services. The company projects ambitious transaction volumes and revenue, targeted at $50 million and $500,000 respectively, showcasing its growth potential in the financial landscape.
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### **About Generation IACP Inc.**
Founded in 1998, Generation IACP Inc. operates as an independent financial services firm dedicated to helping clients achieve their financial aspirations. Offering a range of investment services and advisory solutions, the firm places a strong emphasis on client satisfaction and investment excellence.
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In summary, these developments signal a proactive approach by Blockchain Venture Capital Inc. to reinforce its position in the fast-evolving financial industry. As new opportunities emerge, stakeholders can closely monitor these transitions to gauge BVCI’s impact on the marketplace.