COINSILIUM GROUP LIMITED - Investee Company Update PR Newswire

21 July 2016

COINSILIUM GROUP LIMITED

(“Coinsilium” or the “Group")

SATOSHIPAY VISA COLLABORATION

Coinsilium Group Limited (ISDX:COIN), the ISDX quoted blockchain technology investment and development company, is pleased to announce that SatoshiPay Ltd (‘SatoshiPay’) a company in which Coinsilium has a 14.5% equity interest, has partnered with Visa Europe’s innovation department Collab in the provision of support for paid videos and downloads such as PDF, office software documents and e-books.

Coinsilium CEO Eddy Travia commented: "As a lead investor and early supporter of SatoshiPay's nanopayments technology, we are delighted to see the progress made by Meinhard Benn and his team as demonstrated by the platform's traction and their partnership with Visa. This is a testimony to SatoshiPay's leadership in the nanopayments space. We believe that this partnership will open doors to numerous applications in online content consumption and Internet of Things for the benefit of the SatoshiPay users and clients around the world. This is a significant step in the right direction for Meinhard and the team."

SatoshiPay is a blockchain-based nanopayments company that enables content publishers to facilitate nanopayments, generating new revenue streams by allowing the monetisation of content on a nano-scale.

The Directors of Coinsilium take responsibility for this announcement.

Notes to Editor

About SatoshiPay

SatoshiPay is headquartered in London with development lead through its office in Berlin. Angel funding for SatoshiPay Ltd was supplied by Axel Springer Plug & Play and Henning Peters, seed funding was raised through publicly listed companies Coinsilium Group (ISDX:COIN) and FastForward Innovations.

Development of SatoshiPay’s nanopayment product started in April 2015 and its beta version was released in February 2016. Find frequently updated information at the company’s website https://satoshipay.io, its blog https://medium.com/@SatoshiPay and Twitter @SatoshiPay.

About Coinsilium Group

Coinsilium is a London-based blockchain technology focused investment and development company, supporting early-stage blockchain companies through investment, acceleration, development and education. 

Coinsilium is the world's first blockchain technology focused company to be admitted to trading on an Exchange Regulated Market and has a portfolio of interests in blockchain companies and projects.  In addition to pursuing its investment strategy Coinsilium is able to offer a suite of services including corporate/business advisory, CPD accredited training & education, investment solutions, in-house development and other professional services to blockchain/fintech companies and major corporates wanting to learn more about blockchain technology and its implications to the way the world transfers value over the internet.

For further information please visit http://www.coinsilium.com/

Or please contact the following:


Eddy Travia / Laurent Kssis Coinsilium Group Limited   +44 (0) 207 099 0740

Peter Shea                  Daniel Stewart & Company   +44 (0) 207 776 6550
Asha Chotai                 (Corporate Adviser & Joint
                            Broker)

Nick Emerson / Andy Thacker SI Capital Limited         +44 (0) 1483 413 500
                            (Joint Broker)

Jan Skoyles                 Coinsilium Group Limited   janskoyles@coinsilium.com
                            (Marketing)