Coinsilium Group Limited (COIN)
Coinsilium Group Limited: Strategic Advisory Agreement
11-Jul-2019 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
11 July 2019
COINSILIUM GROUP LIMITED
("Coinsilium" or the "Company")
Strategic Advisory Agreement
Coinsilium, StartupToken, and IOV Labs Join Forces to Accelerate Southeast
Asian Adoption of RSK Smart Contract and RSK Infrastructure Framework (RIF
OS) Blockchain Solutions
Coinsilium's Gibraltar subsidiary to lead new advisory efforts with
StartupToken and IOV Labs
London, UK, 11 July 2019 - Coinsilium Group Limited (NEX:COIN), the
blockchain venture builder, advisor, and investor that finances and manages
the development of early-stage blockchain technology companies, is pleased
to announce details of a new Strategic Advisory Agreement (the "Agreement").
Coinsilium (Gibraltar) Limited together with StartupToken Limited have
signed an Agreement with IOV Labs Limited to support and promote the RSK
Smart Contract Network and RSK Infrastructure Framework blockchain solutions
in Singapore and the Southeast Asia enterprise markets.
Coinsilium (Gibraltar) Limited is the Company's wholly owned Gibraltar
registered advisory services provider.
StartupToken Limited ('StartupToken') is a hyper accelerator in which the
Company holds a 27.8% equity position.
IOV Labs Limited (formerly known as RIF Labs) is an organisation dedicated
to the development of the RSK Smart Contract Network and the RSK
Infrastructure Framework (RIF OS).
Highlights:
? The partnership will involve the establishment and ongoing operational
support of the recently announced RSK Adoption Hub opening in Singapore;
? Coinsilium and StartupToken will provide advice on the investment and
commercial development strategy in the region;
? The new hub will be focused on developing open, secure, and easy-to-use
blockchain technology applications in collaboration with local businesses
and start-up projects;
? IOV Labs Head of Business Development, Henry Sraigman, will be managing
the new Singapore office upon his relocation in the Autumn.
Coinsilium CEO, Eddy Travia, commented: "We are delighted to announce this
strategic collaboration between Coinsilium, IOV Labs and StartupToken.
Singapore's role as an emerging blockchain hub in Asia is well known,
hosting many of the leading blockchain companies in the space and boasting a
spirit of collaboration between the public and private sectors in the
country.
We are confident that RSK and RIF OS blockchain solutions, with the help of
StartupToken will quickly gain traction as businesses in Asia eagerly
explore how they can utilise blockchain technology to solve real-world
problems. We look forward to providing further updates to the market in due
course."
IOV Labs Head of Adoption, Ruben Altman, commented: "Southeast Asia is one
of the key regions in the world where we expect blockchain technologies to
make a significant, positive impact.
Partnering with Coinsilium and StartupToken to support our growth in the
region will enable RSK to boost its ecosystem in the region, accelerating
progress toward our shared goal of increased blockchain technology in the
region and beyond."
StartupToken CEO, Yacine Terai, commented: "As supporters of the emerging
decentralised and shared economy we are thrilled to be engaging in this
partnership with Coinsilium and IOV Labs with whom we share the common goal
of empowering a new generation of disruptive entrepreneurs, thanks to
blockchain technology."
The Directors of Coinsilium Group Limited take responsibility for this
announcement.
For further information, please contact:
Malcolm Palle, Executive Chairman +44 (0) 7785 381089
Coinsilium Group Limited
Eddy Travia, CEO +44 (0) 20 3889 4312
Coinsilium Group Limited
www.coinsilium.com
Guy Miller / Mark Anwyl +44 (0) 207 469 0930
Peterhouse Capital Limited
(NEX Exchange Corporate Adviser)
Nick Emerson +44 (0) 1483 413 500
SI Capital Limited
(Broker)
Notes to Editor
For more information on IOV Labs and the platforms developed by the
organization visit:
? RIF Labs / IOV Labs - https://iovlabs.org [1]
? RIF OS platform - https://rifos.org [2]
? RSK platform - https://rsk.co [3]
For more information on StartupToken, please visit
https://www.startuptoken.com/ [4].
And for more information on Coinsilium, please visit
https://www.coinsilium.com/ [5].
About IOV Labs
IOV Labs is a purpose driven organization focused on developing the
platforms needed for a new blockchain-based financial system that will
enable worldwide financial inclusion and bridge the gap between these
nascent technologies and mass adoption.
The organization currently develops the most popular implementations of the
RSK Smart Contract Network and RIF OS platforms.
With more than 30% total Bitcoin hash rate merge-mining, the RSK Network is
the most secure Smart Contract platform in the world.
RIF OS protocols is a suite of open and decentralized infrastructure
protocols that enable faster, easier and scalable development of distributed
applications (dApps) within a unified environment to enable mass adoption of
Bitcoin and RSK. RIF OS Protocols include RIF Directory (a naming service
protocol), RIF Payments (an offchain payment protocol), RIF Storage (a data
storage and distribution protocol), RIF Communications (a secure routing,
session and encrypted communications protocol) and RIF Gateways (an
interoperability protocol that includes cross chain transfers and oracling
services).
About StartupToken
StartupToken Limited is a Gibraltar-registered global hyper-accelerator
supporting entrepreneurs working to grow their Blockchain projects into
successful startups. StartupToken has an established profile in the global
blockchain and cryptocurrency community and is particularly well known for
its focus on supporting projects with a strong aspect of 'Financial
Inclusion' in their business model. Services provided include: token
generating event direction, skills training for Blockchain developers,
promotional services via road shows & hackathons throughout Europe and Asia.
About Coinsilium
Coinsilium is a venture builder, investor and advisor, supporting
early-stage blockchain technology companies and the digital token economy.
Coinsilium's management team has extensive experience in the fields of token
sales, token sale advisory, design and management of acceleration programs
and start-up investment. As the first ever IPO of a blockchain company in
2015, Coinsilium harnesses its experience and wide-ranging network to invest
in some of the world's leading blockchain projects such as RSK/IOV Labs,
Indorse and Factom.
ISIN: VGG225641015
Category Code: MSCH
TIDM: COIN
Sequence No.: 13022
EQS News ID: 839623
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=46812f0c4afdcd24885913ede6e0e09b&application_id=839623&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=e55e73e19580fdab580724c26561e06b&application_id=839623&site_id=vwd&application_name=news
3: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=628f27e65eff048a4ef26818e04f1dd9&application_id=839623&site_id=vwd&application_name=news
4: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=ef7cfa6a87f8c3f1ef285bd3f937f0bd&application_id=839623&site_id=vwd&application_name=news
5: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=1fc2b388f29e686c5b250aed2f05cc7e&application_id=839623&site_id=vwd&application_name=news
(END) Dow Jones Newswires
July 11, 2019 02:01 ET (06:01 GMT)
© 2019 Dow Jones News
