COINSILIUM GROUP
LIMITED
("Coinsilium" or
the "Company")
Coinsilium Group
Limited: Crypto Treasury Strategy Update
London, UK, 3 February 2025 -
Coinsilium Group Limited (AQUIS: COIN) (OTCQB: CINGF), the Web3
investor, advisor, and venture builder, is pleased to announce the
following key developments:
Highlights:
-
Subsidiary
Rebrand: Coinsilium’s wholly
owned Gibraltar subsidiary, Nifty Labs Limited, has been renamed
Forza (Gibraltar) Limited to reflect its role as a dedicated entity
for cryptocurrency treasury management.
-
Enhanced Treasury
Focus: Forza will focus on
managing Coinsilium’s cryptocurrency treasury to optimise the
Company’s holdings.
-
Strategic
Advisory Support: Recently
appointed advisors will bring valuable insights to strengthen
Forza’s cryptocurrency treasury strategy.
-
Broader Market
Opportunities: Coinsilium is
assessing new opportunities for innovation in cryptocurrency
treasury solutions.
Coinsilium is pleased to provide an
update on its cryptocurrency treasury strategy, which includes
significant developments within its Gibraltar-based subsidiary. As
part of its strategic evolution, Nifty Labs Limited, the Company’s
wholly owned Gibraltar subsidiary, will undergo a name change to
Forza (Gibraltar) Limited.
This change reflects its new role
as a specialised vehicle for managing Coinsilium’s cryptocurrency
treasury activities, with further developments to follow. It also
reflects the Company’s commitment to enhancing the management of
its crypto treasury holdings and by leveraging the emerging trends
and opportunities within the digital asset market, the Company aims
to ensure its treasury strategy remains robust and
forward-thinking.
This follows on
from the Company’s announcement of 21 January
2025, reporting the
appointment of James Van
Straten and Clement
Hecquet as
strategic advisors to the Company. Their extensive expertise will
play a pivotal role in shaping Forza’s activities, guiding the
Company’s efforts to maximise the potential of its cryptocurrency
holdings whilst also exploring new opportunities within this
dynamic market.
Beyond managing its own treasury,
Coinsilium recognises the growing need for strategic solutions in
the broader cryptocurrency treasury space and is also exploring
opportunities to provide insights and services that can support the
growing number of organisations considering their own
cryptocurrency treasury adoption. This aligns with an emerging
trend and highlights the significant long-term potential of this
sector.
To ensure compliance with
Gibraltar’s regulatory framework, Coinsilium has engaged
Hassans
International Law Firm. This
appointment reflects the Company’s dedication to adhering to high
operational and legal standards as it implements its
strategy.
These developments mark an
important step in Coinsilium’s evolution, positioning the Company
to capitalise on the increasing recognition of cryptocurrencies as
a legitimate and strategic asset within treasury management.
Further updates will be provided in due course as the strategy
continues to unfold.
The Directors of
Coinsilium Group Limited take responsibility for this
announcement.
Coinsilium Group
Limited
Malcolm Palle, Executive
Chairman
Eddy Travia, Chief
Executive
|
+350 2000 8223
+44 (0) 7785 381 089
www.coinsilium.com
|
Peterhouse
Capital Limited
(AQUIS Growth Market Corporate
Adviser and Corporate Broker)
|
+44 (0) 207 469 0930
|
SI Capital
Limited (Joint Broker)
Nick Emerson
|
+44 (0) 1483 413 500
|
Oberon Capital
(Joint Broker)
Nick Lovering, Adam
Pollock
|
+44 203 179 5300
|
Notes to
Editors
About
Coinsilium
Coinsilium is an investor, advisor
and venture builder at the forefront of Web3 convergence. The
Company invests in and accelerates Web3 and AI powered technology
start-ups whilst supporting their development and
commercialisation.
Coinsilium also provides strategic
advisory services to start-ups looking to issue tokens through
token generation events. Coinsilium’s wholly owned subsidiary
Coinsilium (Gibraltar) Limited is the Company’s operational hub in
Gibraltar.
In 2015, Coinsilium became the
first blockchain company to IPO. Coinsilium shares are traded on
the Aquis Growth Market in London, under the ticker symbol "COIN",
and on the OTCQB Venture Market in the United States under the
ticker symbol "CINGF".
https://coinsilium.com/