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DJ Coinsilium Group Limited: Strategic Advisory Agreement

 
 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 
 
 
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(END) Dow Jones Newswires

July 11, 2019 02:01 ET (06:01 GMT)