Malbex is a merchant bank with a two-pronged mandate centred on digital currency and direct equity investments.
Digital Currency Investments
Malbex will generate returns by holding a basket of of the largest cryptocurrencies (by market cap).
Malbex is expected to be among the first group of publicly traded vehicles (after Grayscale’s Bitcoin Investment Trust (GBTC)) that provides investors direct exposure to digital currency.
Direct Equity Investments
Invest in cryptocurrency and blockchain companies.
Investment activities may be passive or active through the provision of strategic advice and/or board representation.
Malbex will consider both public and private entities with particular focus towards cryptocurrency and blockchain technologies and mining operations.
Snapshot TSX-V : COIN
Malbex is a Canadian merchant bank publicly-traded on the TSX Venture Exchange under the ticker COIN.
*All information is as of February 29, 2016 unless noted otherwise. Insider holdings (Management and Directors) 14% of shares outstanding
Management has extensive capital markets, fund management, blockchain and cryptocurrency experience and a dedicated Board brings expertise in executive management, capital markets and blockchain technologies .
Ben Cubitt, CFA
CEO and Chairman
Ben has been working for the past 15 years at two of the most successful hedge funds in Canada. For the first 9 years he was at MMCAP, a top performing fund, before launching his own fund, Samara Capital Inc., in 2012 that specializes in small cap Canadian companies. He has also served as a director of Selwyn Resources and is a vocal proponent of good corporate governance. Ben has a BCom from UBC and obtained his CFA charter in 2005. Samara has participated in financings for small cap Canadian companies to the tune of over $200mm over the last 5 years. He has a sophisticated knowledge of Canadian capital markets and has made many valuable contacts across the industry over the last 15 years in this business.
Dan Crandall, CPA, CA
In addition to acting as the Company’s Chief Financial Officer for the previous three years, Mr. Crandall is a Senior Manager at Marrelli Support Services Inc., providing CFO, accounting, regulatory compliance, and management advisory services to numerous issuers on the TSX, TSX-Venture and other Canadian and US exchanges. Mr. Crandall is a CPA, CA and has an Honours Bachelor of Accounting (Co-op) degree from Brock University. Previously, he was a Manager at Collins Barrow Toronto LLP, a public accounting firm.
Mr. Crumb is a co-founder of Goldmoney Inc. (formerly BitGold Inc.) and its Chief Financial Officer since 2017. Mr. Crumb is also the Founder of BlockVault Inc., a Goldmoney subsidiary that will offer digital asset custody and dealing services to financial institutions. Mr. Crumb was previously an Executive Director at Goldman Sachs – the Senior Metals Strategist in the Global Economics, Commodities and Strategy Research Division, and a Director of Corporate Development at the Lundin Group of Companies. Mr. Crumb holds a Master of Science in Mineral Economics, a Graduate Certificate in International Political Economy, and a Bachelor of Science degree in Engineering from the Colorado School of Mines.
Stefan Wieler, CFA
Stefan Wieler is a Director and Vice President of Canadian-listed Goldmoney Inc., and its crypto-focused subsidiary BlockVault AG based in Zug, Switzerland. Stefan previously worked for over 10 years at some the world’s top financial institutions, including a role as an Executive Director and senior commodity strategist at Goldman Sachs, Head of Research for NY-based commodities hedge fund BBL Commodities, and as the head of commodity research (buy side) at Julius Baer in Zurich. Stefan studied Mandarin Chinese at the National Taiwan Normal University in Taipei and earned a Master’s degree in Financial Economics at the University of Zurich, where he graduated with honors. Stefan is a CFA (Chartered Financial Analyst) charterholder and a CAIA (Chartered Alternative Investment Analyst) charterholder.
Justin Oliver, CPA CFA
Justin has more than 15 years of experience in the investment industry, specializing in exchange traded funds, new innovative ways to deliver financial advice, capital markets and mutual funds. Justin currently works at BMO as a V.P. for ETFs helping to raise awareness and educate various types of institutions on ETFs and the value of their use. Prior, Justin helped to rebuild Fraser Mackenzie, a small Toronto based brokerage firm for 3 years where he served as a partner. Previously, he worked with Canaccord Genuity for 7 years as a V.P. Institutional Equity Sales raising over $1B dollars in capital for various types of companies, both public and private. Justin has a Chartered Accountant (CPA, CA) designation and holds his undergraduate degree from the University of Western Ontario, Huron College in Finance and Economics. Justin has a passion for being a part of positive change.
Malbex Resources Inc.
82 Richmond Street East,
Toronto, Ontario M5C 1P1