COINSILIUM GROUP LIMITED - Investee Company Update PR Newswire

31 May 2016

COINSILIUM GROUP LIMITED?

(“Coinsilium” or the “Group")

UPDATE ON SATOSHIPAY

Coinsilium Group Limited (ISDX:COIN), the ISDX quoted blockchain technology investment and development company, is pleased to provide an update on SatoshiPay Ltd (‘SatoshiPay’) a company in which Coinsilium has a 14.5% equity interest.

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. It has today announced the release of its Application Programming Interface (API) which will enable SatoshiPay to be used on 100% of internet websites for the first time. SatoshiPay also reported that it has reached 10,000 user wallets generated through its current platform.

Coinsilium CEO Eddy Travia commented: ‘The launch of an API that will be accessible to all who wish to use nanopayments, from content producers to charities to entrepreneurs, is great news for not only Meinhard Benn and his team at SatoshiPay, but all those excited about the future of blockchain and its role in monetising the internet.’

The Directors of Coinsilium take responsibility for this announcement.

Notes to Editor

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

David Coffman / Asha Chotai Daniel Stewart & Company   +44 (0) 207 776 6550
                            (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)