Coinsilium Becomes World’s First IPO of a Blockchain Tech Company

 Blockchain investor Coinsilium began share trading yesterday, December 24, 2016 on the ICAP Securities and Derivatives Exchange (ISDX) in London, under the ticker “COIN”.

London-based blockchain technology investor Coinsilium, a company known for supporting blockchain-startups at an early stage started trading on the ISDX Growth Market in London yesterday.

Coinsilium issued 10,000,000 new ordinary shares at 10p per share to raise £1 million in gross proceeds. Upon admission, the company also has 69,793,500 Ordinary Shares on issue, representing a market capitalization of £6.98 million, as revealed by the London Stock Exchange.

Starting in 2013, the IPO comes after two years in which Coinsilium has a portfolio of investments in nine blockchain-based Fintech companies.

They are:

  • Fuzo – A digital wallet provider.
  • Magnr – A bitcoin- and blockchain-trading platform.  coinsilium
  • CoinSimple – A payment gateway.
  • Factom – A blockchain-based data management system.
  • Mexbt – A cryto…

Source: CCN

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