Coinsilium Starts Trading on London’s ISDX, Raises £1m

In probably the first initial public offering of shares in a blockchain technology firm, Coinsilium started trading on London’s ICAP Securities and Derivatives Exchange (ISDX) Growth Market on December 24th.

Coinsilium, using the ticker “COIN”, offered 10,000,000 new ordinary shares at 10p per share, raising £1 million. After Admission, Coinsilium has 69,793,500 ordinary shares on issue representing a market capitalisation of £6.98 million.

Coinsilium is a blockchain technology holdings firm with investments in payment gateways – CoinSimple and SatoshiPay, wallets – Hive and bitSIM, exchanges and platforms – Mexbt, Magnr and the Real Asset Co., decentralized application plays – Factom and Neuroware, TRAC – a gold and precious metals trading platform, and security solutions firm – Rivetz.

The blockchain tech investment firm in November launched a crowdfunding campaign on Seedrs that was concurrent with the ISDX IPO and helped fund it.

The company planned an IPO in August 2015 on the AIM market but was unsuccessful.

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Coinsilium Portfolio Companies