Cake Group
Cake Group is one of Southeast Asia's fastest growing digital assets innovators.
Cake Group operates four core verticals.
As I reflect on our journey since Cake DeFi's inception in 2019, I feel a Just as we have outlined in our early discussions, Cake DeFi has never been a typical company, nor do we ever intend to be one. We envisioned a platform that would shift the focus of the crypto community from mere trading to generating substantial cash cash flow cash flow from their assets. From our very beginning, we have always been committed to doing more with what we have, to making a meaningful difference.
We've made several decisions along the way that might have seemed unconventional at the time. We chose the name "Cake DeFi" because we wanted our company to not only excel but also to bring joy and positivity to people. We liked the name "Cake" because it brings a smile to people's faces and is easily memorable. More than that, it represents our mission to make financial independence accessible to everyone, just like a cake is a universal symbol of celebration.
In hindsight, these choices have become integral parts of our identity and have helped us grow in ways we had only dreamed of. Just as the world has come to love and recognize our cashflow services, we continue to innovate and deliver services that some might find audacious, but we are truly passionate about.
While Cake DeFi was thriving, we recognized the need to further streamline our organization and enhance accountability. On June 7th, 2023, our fourth anniversary, also known as the fourth Cakeaversary, we took a significant step. We expanded the company, transforming Cake DeFi into Bake under the umbrella of the Cake Group. This transformation ushers in an exciting new chapter in our journey.
What is the Cake Group? It's an assemblage of businesses that all share a common goal. The largest of which, of course, is Bake, our retail-first platform. This is joined by Birthday Research, our R&D arm added in 2020; Whisk Ventures, our venture capital arm added in 2021; and Levain, our B2B arm added in 2022; and hopefully more verticals in the future.
I do not intend for the group to be a big consumer brand with related products. The idea is that each business under the Cake Group should have the independence to develop their own brands with core audiences and value propositions. Each of these businesses represents a unique aspect of our core vision, operating independently but sharing the broader mission of leveling the playing field when it comes to investing.
A key part of my journey has been the people I work with. I'm constantly inspired by the dedication and enthusiasm of my team members. I'm particularly proud of our seven team principles:
- Integrity
- Ownership
- Resourcefulness
- Relentless Impact
- Meritocratic Decision-making
- Radical Candor
- Customer Obsession
These values guide us as we continue to reach new heights.
With our vision, mission and team principles, we keep striving to achieve even more ambitious goals, we keep taking a long-term perspective, and most importantly, we keep improving the financial lives of as many people as we can.
I can't wait to embark on this exciting journey with everyone in the Cake Group family.
Julian Hosp
CEO & Co-Founder