Back to all announcements

DJ Coinsilium Group Limited: New Advisory Client

 
 Coinsilium Group Limited (COIN) 
Coinsilium Group Limited: New Advisory Client 
 
29-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. 
 
                          COINSILIUM GROUP LIMITED 
                      ("Coinsilium" or the "Company") 
 
                      Coinsilium: New Advisory Client 
 
Coinsilium to Advise Jur, the Blockchain-based Decentralised Legal Ecosystem 
 
London, UK, 29 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 its appointment as an Advisor to Jur AG ("Jur"). 
 
Jur is a Zug-registered company developing a blockchain-based decentralised 
legal ecosystem, automating the process of contract creation, execution, 
enforcement and dispute resolution. 
 
Highlights: 
 
? Coinsilium to provide strategic advisory services to Jur, a new 
blockchain-based decentralised legal ecosystem, in relation to their fund 
raising and global development; 
 
? Services to be provided by Coinsilium (Gibraltar) Limited, the Company's 
100% owned Gibraltar registered Advisory Services division. Eddy Travia, 
Coinsilium's Chief Executive to join the Jur Board of Advisors; 
 
? The financial terms pertaining to the strategic advisory engagement are 
commercially sensitive and subject to confidentiality agreement. Notes 
below provide guidance as to advisory service terms of business. 
 
? The Jur team is led by co-founder and CEO, Alessandro Palombo, a lawyer 
by profession, with the vision of enabling an "internet of contracts and 
jurisdictions" heralding an evolution in business relations; 
 
? Jur recently announced the successful completion of a funding round and 
strategic cooperation agreement with VeChain Foundation, a non-profit 
entity based in Singapore running the VeChain Thor Mainnet. Notes below 
provide further information on VeChain and Thor. 
 
Coinsilium's CEO, Eddy Travia, commented: "We are delighted to have been 
selected as advisors for this ambitious 'Legal Tech' blockchain project. 
 
"The Jur platform will use digital tools such as modular, template-based 
smart legal contracts with easily customisable content and automate 
blockchain enforcement to provide cost-effective, efficient, scalable and 
secure solutions for small to medium size enterprises and professionals. 
 
"Coinsilium's advisory services division continues to grow in line with 
management's expectations and new advisory agreements such as that announced 
today clearly demonstrate the strength of our commercial model. 
 
"With continued success, returns from our advisory activities will 
materially bolster the Company's revenues and underlying balance sheet. We 
expect both our advisory services work and our investments to drive 
shareholder value as the blockchain technology sector continues to establish 
itself, and advance and grow." 
 
Alessandro Palombo, Co-founder and CEO of Jur, commented: "We are very 
pleased to cooperate with a well-known institution such as Coinsilium and to 
have its CEO Eddy Travia join our advisory board as he brings years of 
experience as an investor in and advisor to many successful blockchain 
projects. 
 
"Coinsilium's endorsement provides recognition of 'Legal Tech' as a maturing 
sector worthy of investment and we are honoured to have been chosen by them 
as a project of reference in this innovative and emerging space." 
 
Advisory Service Terms 
 
Terms pertaining to advisory engagements are commercially sensitive and 
subject to confidentiality agreements. As a rule, service fees are made up 
of monthly retainer fees and a final success fee; the latter usually being a 
fixed fee or single digit percentage of the global proceeds of the project 
token sale, payable on its successful completion. Whilst these revenues can 
be meaningful, fees are usually denominated or payable in cryptocurrencies 
or project tokens and are therefore often subject to the high levels of 
volatility witnessed in this industry. 
 
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 [1] 
 
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) 
 
Adam Wurf/Chris Flame +44 (0) 20 3004 9512 
 
Yellow Jersey PR Limited coinsilium@yellowjerseypr.com 
 
(Public Relations) 
 
Notes to Editor 
 
About Coinsilium 
 
Coinsilium is a venture builder, investor and advisor, supporting 
early-stage blockchain technology companies and the digital token economy. 
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, Blox and Factom. 
 
Coinsilium shares are traded on NEX Exchange Growth Market, the primary 
market for unlisted securities operated by NEX Exchange, a Recognised 
Investment Exchange under the Financial Services and Markets Act 2000. 
 
For further information about Coinsilium please visit www.coinsilium.com [2] 
 
About Jur 
 
Jur has devised a blockchain-based decentralised legal ecosystem in order to 
automate contract creation, formation, execution, enforcement and dispute 
resolution. Specifically, Jur is creating an all-inclusive ecosystem for 
managing contractual relations that includes: (i) a framework to allow 
professionals to create legal contract templates supported by smart contract 
to automate business transactions; (ii) a marketplace for such Smart Legal 
Contracts that facilitates the dissemination and creation of new 
high-quality contracts; (iii) integrated blockchain-based dispute resolution 
systems. 
 
Jur Completes a Successful Funding Round with VeChain Foundation and signs a 
Strategic Cooperation Agreement: 
https://medium.com/jur-io/jur-partnership-vechain-40f9daaa4aef [3] 
 
For further information about Jur please visit: [4]https://www.jur.io/ [5] 
 
About VeChain 
 
VeChain is a blockchain-enabled platform designed to enhance supply chain 
management processes. The VeChain ecosystem has enjoyed substantial growth 
and made remarkable achievements in terms of pushing ahead the mass 
commercial adoption of blockchain technology. 
 
VeChain Thor is a dual-token, blockchain-as-a-service (BaaS) platform to 
service enterprise users. The Thor mainnet was launched June 30, 2018. 
VeChain proprietary token 'VET' ranks 33rd among the main cryptocurrencies 
on CoinMarketCap with a market capitalisation of circa US$314m (as of July 
28, 2019). VeChain partners include PwC, China Unicom, BMW Group, LVMH, 
Walmart China (amongst others). 
 
For further information about VeChain please visit https://www.vechain.org/ 
[6] 
 
ISIN:          VGG225641015 
Category Code: MSCM 
TIDM:          COIN 
Sequence No.:  14840 
EQS News ID:   847703 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=cb69d1607c8c6ce75a5bfbfb7a28427b&application_id=847703&site_id=vwd&application_name=news 
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=36c575571e439f4b265a236c98ad2ee0&application_id=847703&site_id=vwd&application_name=news 
3: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=e9e5d98955a1c2d3a41d7a9e7bd19d89&application_id=847703&site_id=vwd&application_name=news 
4: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=b212e123af96a27c8d1daa209b8e24a3&application_id=847703&site_id=vwd&application_name=news 
5: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=f0dbe8b09ff4df75260a60ce13179a31&application_id=847703&site_id=vwd&application_name=news 
6: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=c55d8577a9dc7cba1df69f1b1ddd6125&application_id=847703&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

July 29, 2019 02:00 ET (06:00 GMT)