Blockchain Tech Investment Company Coinsilium Starts Trading on ISDX In London

Coinsilium, the London-based blockchain technology development and investment company, today commences share trading on the ICAP Securities and Derivatives Exchange (ISDX) Growth Market in London, under the ticker COIN, IBTimes reported. This makes it the world's first blockchain technology company to be admitted to trading on an exchange regulated market.

"We believe that the increased profile of having Coinsilium's shares admitted to trading will help generate further investment and revenue opportunities, accelerate growth plans and maintain the company's position as a market leader in this technological space”, said Cameron Parry, Coinsilium's executive chairman.

The company has issued 10,000,000 new ordinary shares at 10p per share, which raised £1m in gross proceeds, the company said in a statement. Upon Admission, Coinsilium has 69,793,500 Ordinary Shares on issue that represents a market capitalisation of £6.98 million.

Coinsilium is driving innovation in fintech and blockchain technologies by giving companies the means to bring their products and services to life. Its current investments include: Magnr, Fuzo, Factom, SatoshiPay, Rivetz, CoinSimple and Neuroware.

In addition to providing investors exposure to a range disruptive technologies, the company also offers corporate advisory, technical consulting and CPD accredited training and educational services regarding blockchain technology.

It is set to launch its accelerator program for blockchain tech start-ups "Block Chain Space" in Europe in February 2016.